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]