KPJ Healthcare plans share split

PETALING JAYA: KPJ Healthcare Bhd has proposed a share-split exercise on the basis of one share of RM1 each into two shares of 50 sen each, followed by a bonus issue of one free share for every four shares held after the split.

It would then offer shareholders one free warrant for every four shares held, the company told Bursa Malaysia yesterday.

The date to qualify for share split, bonus issue and free warrant exercises, as well as the exercise price for the warrant to be converted to ordinary share will be announced at a later date.

The company expects to complete the proposals by the first quarter of next year.

  KPJ :  [Stock Watch]  [News]

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

OCR Group to launch RM750m Shah Alam property project by year end
HSBC's 1H profit more than doubles as economies rebound
Keppel plans to buy Singapore Press Holdings for US$1.6b
M&A Securities to underwrite CEKD IPO
SAM Engineering unaware of reasons for share spike
IHS Markit: Malaysia's PMI edges up to 40.1 in July
Negative trend picks up speed
Sunway Malls launches retailers relief financing scheme
Moody's: Lower default rate for Apac high-yield non-financial firms
China's push for semicon self-reliance will propel tech growth, competition

Stories You'll Enjoy