Dialog Group bonus issue
Filed Under (Business News) by Webmaster on 18-11-2009
Tagged Under : bonus issue, Dialog group
Dialog Group Bhd has proposed a bonus issue of up to 568.3 million shares to be credited as fully paid-up on the basis of two bonus shares for every five existing shares held on an entitlement date to be determined and announce later.
In a filing with Bursa Malaysia, Dialog said the bonus issue was to increase the share capital to a level to better reflect the operations of the company and its subsidiaries which were global and expanding and the group’s asset base.
As at Nov 16, the issued and paid-up share capital of Dialog stood at RM141.3mil, comprising 1.41 billion shares.
