IF bonus share issues and share splits are two of the more favoured ways of rewarding shareholders, the boardroom agenda for many blue chip companies – now awash with higher reserves than ever before – must surely include that possibility.
Judging from the sizeable balances in these firms' share premium accounts and distributable reserves, particularly after very decent profits in recent years, analysts are beginning to speculate that some top Bursa Malaysia-listed companies “could be due” for a bonus issue or a stock split exercise.
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