TSH Resources proposes 1-for-2 bonus issue


KUALA LUMPUR: Plantations-based TSH Resources Bhd has proposed a bonus issue of 451.91 million new shares on a one-for-two basis.

In its filing with Bursa Malaysia on Monday, the Sabah-based company said the bonus issue was to reward its existing shareholders and also enlarge the number of TSH shares without increasing the percentage of equity interest.

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