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I am reproducing Bursa Announcement to my blog.
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KOSSAN RUBBER INDUSTRIES BERHAD |
Type | Announcement |
Subject |
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
Description |
KOSSAN RUBBER INDUSTRIES BHD (KOSSAN OR COMPANY) PROPOSED BONUS ISSUE OF 1,278,935,808 NEW ORDINARY SHARES IN KOSSAN ("KOSSAN SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EACH EXISTING KOSSAN SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE") |
On behalf of the Board of Directors of Kossan, Affin Hwang Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Bonus Issue.
Further information on the Proposed Bonus Issue are set out in the attachment.
This announcement is dated 25 August 2020. |
Please refer attachment below.
Company Name | KOSSAN RUBBER INDUSTRIES BERHAD |
Stock Name | KOSSAN |
Date Announced | 25 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-25082020-00097 |
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