Suria Capital proposes one-for-five bonus issue


Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

PETALING JAYA: Suria Capital Holdings Bhd is proposing a bonus issue of up to 58.28 million new ordinary shares on the basis of one bonus share for every five existing shares held on the entitlement date to be determined later.

In a filing with Bursa Malaysia yesterday, the port operator said the proposed bonus issue would enable its shareholders to have greater participation in the company’s equity and improve the trading liquidity of Suria Capital.

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Business , Suria Capital , bonus , ESOS ,

   

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