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Multiple Proposals

BackOct 21, 2014
Type Announcement
Subject MULTIPLE PROPOSALS
Description BHS INDUSTRIES BERHAD (“BHS” OR “COMPANY”)

(I) PROPOSED SPECIAL SHARE DIVIDEND;
(II) PROPOSED BONUS ISSUE OF SHARES; AND
(III) PROPOSED SHARE SPLIT

(COLLECTIVELY REFERRED TO AS “PROPOSALS”

On behalf of the Board of Directors of BHS, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following:

I.   proposed distribution of up to 3,401,111 treasury shares held by the Company (“Special Share Dividend”) to the shareholders of the Company (“Shareholders”) on the basis of two (2) treasury shares for every forty five (45) ordinary share of RM0.50 each in BHS (“BHS Shares” or “Shares”) held on the entitlement date to be determined later (“Entitled Shareholders”) (“Proposed Special Share Dividend”); 

II.  proposed bonus issue of up to 80,000,000 BHS Shares (“Bonus Shares”) on the basis of one (1) Bonus Share for every one (1) existing BHS Share held on the entitlement date to be determined later  (“Proposed Bonus Issue of Shares”); and

III. proposed share split involving the subdivision of every one (1) existing BHS Share into two (2) ordinary shares of RM0.25 each in BHS (“Proposed Share Split”).

Please refer to the attachment below for further details of the announcement.

This announcement is dated 21 October 2014.

 


Announcement Info

Company Name BHS INDUSTRIES BERHAD  
Stock Name BHS    
Date Announced 21 Oct 2014  
Category General Announcement
Reference No OS-141021-62679

Attachments

  1. BHS_211014.pdf (Size: 69,034 bytes)