BSA International Bhd, which is seeking a transfer of listing to the main board of the KLSE, has proposed a 1-for-2 bonus issue of 44 million new shares of 50 sen each and a private placement of up to 12 million new shares of 50 sen each, representing not more than 10% of the issued and paid up share capital of the company.
The company expects to be transferred to the main board of the KLSE on or after May 30.
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