Supermax is of the view that the proposed bonus issue of shares is an appropriate avenue to reward its shareholders while increasing the group’s share base
PETALING JAYA: Glove makers Supermax Corp Bhd
and Top Glove Corp Bhd have proposed bonus issues to reward shareholders.
Top Glove has proposed a two-for-one bonus issue involving up to 5.48 billion new shares, while Supermax plans to undertake a one-for-one bonus issue of up to 1.36 billion new Supermax shares.
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