Wednesday, July 7, 2010

Tomypak proposes share split, bonus issue

TOMYPAK HOLDINGS BHD [] has proposed a one-into-two share split and a proposed bonus issue on a one-for-four subdivided shares.

The company said on Tuesday, July 6 it had proposed a share split involving the subdivision of every one RM1 share into two 50 sen shares.

It also proposed a bonus issue of up to 21.728 million new subdivided shares on the basis of one bonus share for every four subdivided shares held.


Written by Joseph Chin
The Edge Malaysia

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