PROPOSED BONUS ISSUE OF 21,726,912 NEW ORDINARY SHARES OF RM0.50 EACH IN MAICA ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) ORDINARY SHARES OF RM0.50 EACH IN MAICA ("MAICA SHARES") HELD ON A DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

BackSep 20, 2002
Type Announcement
Subject MALAYSIA AICA BERHAD ("MAICA" OR "COMPANY")
PROPOSED BONUS ISSUE OF 21,726,912 NEW ORDINARY SHARES OF RM0.50 EACH IN MAICA ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) ORDINARY SHARES OF RM0.50 EACH IN MAICA ("MAICA SHARES") HELD ON A DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

Contents :

On behalf of the Board of Directors of MAICA, Commerce International Merchant Bankers Berhad is pleased to announce that the Proposed Bonus Issue has been approved by the shareholders of MAICA at the Extraordinary General Meeting of the Company held on 20 September 2002.


The Proposed Bonus Issue is still subject to the approval of the Kuala Lumpur Stock Exchange for the listing of and quotation for the new MAICA Shares to be issued pursuant to the Proposed Bonus Issue.

This announcement is dated 20 September 2002.

 

Announcement Info

Company Name MALAYSIA AICA BERHAD  
Stock Name MAICA    
Date Announced 20 Sept 2002  
Category General Announcement
Reference No MM-020920-54297