MyEG to undertake bonus issue, diversify into healthcare

“The increased number of MyEG shares in issue upon completion of the proposed bonus issue may encourage trading liquidity of MyEG shares on Bursa Securities, ” MyEG added.

KUALA LUMPUR: MyEG Services Bhd has proposed to undertake a bonus share issuance and diversify into healthcare-related businesses.

In an announcement to Bursa Malaysia yesterday, the company said it is proposing to issue 4.14 billion new shares on the basis of one bonus share for every one existing share held, on a yet to be determined entitlement date.

Start your ads-free experience now!

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MyEG Services , bonus , issue , shares , Bursa , liquidity ,


Next In Business News

Shanghai shares end at two-month low as traders gauge lacklustre data
Gold subdued as investors await further data for Fed rate cues
BOJ to forgo July rate hike, taper US$152bil per year, says ex-policymaker
Oil prices slip on weaker US consumer demand, rise in China output
Thai baht declines in thin holiday trading across Asian markets
Asia shares muted on China data, euro on defensive
L'Occitane chairman Geiger offers scrip alternative to take firm private
China stocks down on weaker-than-expected data, HK shares up
China new home prices fall at fastest clip in nearly 10 years
Asia shares muted on mixed China data, euro pressure

Others Also Read