Approval for Yi-Lai’s bonus issue


In a filing with Bursa Malaysia, Yi-Lai said Bursa had approved the listing of and quotation for 97.04 million bonus shares, to be issued pursuant to the proposed bonus issue, on the Main Market.(File pic shows Yi-Lai tiles.)

KUALA LUMPUR: Tiles manufacturer and information technology (IT) company Yi-Lai Bhd’s 2-for-3 bonus issue has received the approval of Bursa Malaysia Securities.

In a filing with Bursa Malaysia, Yi-Lai said Bursa had approved the listing of and quotation for 97.04 million bonus shares, to be issued pursuant to the proposed bonus issue, on the Main Market.

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