Written by Joseph Chin
Tuesday, 01 December 2009 18:09
KUALA LUMPUR: OSK HOLDINGS BHD [] has proposed a bonus issue of up to 190.48 million new shares on a one-for-four basis.
It said on Tuesday, Dec 1 the entitlement date would be determined and annuounced later.
Its paid-up share capital as at Nov 20 was RM649.21 million, comprising of 649.21 million shares excluding 24.15 million shares held
as treasury shares.
OSK also said as at Nov 20, there were 101.42 million outstanding 2000/2010 warrants and 11.29 million outstanding options under the executive share option
scheme (ESOS).
Assuming the full exercise of the outstanding warrants and ESOS, the proposed bonus issue would entail the issuance of up to 190.48 million bonus shares.
