Bursa Malaysia Stock Watch

Vitrox proposes bonus share issue

kltrader
Publish date: Tue, 26 Apr 2011, 10:12 AM
kltrader
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Vitrox Corp proposed a one-for-two bonus share issue to increase the company's paid-up share capital, according to a Kuala Lumpur stock exchange filing late yesterday.

The exercise will increase the share capital to RM23.3 million from RM15.5 million, the statement said.

The rose to a record in Kuala Lumpur trading after announcing a bonus share issue, surging 9.6 per cent to RM2.29 at 9:26 a.m. local time. -- Bloomberg
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