Bonus issue of 1-for-1. Kossan yesterday declared a 1-for-1 bonus issue that will, upon completion, increase its outstanding number of shares by 159.9m shares to 319.7m shares. The entitlement date will only be announced later. Kossan has also proposed a share buy-back programme to repurchase not more than 10% of its issued and paid-up share capital. The effects of the proposed bonus issue and share buy-back are detailed out in Table 2.
Kossan Rubber Industries Berhad : Proposed 1-for-1 Bonus Issue - 22/04/2010
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