Thursday, August 26, 2010

#Flash* Tenaga Nasional plans 1-for-4 bonus issue

KUALA LUMPUR: TENAGA NASIONAL BHD [] has proposed a bonus issue of 1.119 billion bonus shares on a one-for-four basis.

The power giant said on Thursday, Aug 26 the bonus share would be implemented at an entitlement date to be determined by the board and announced later by the company.

It also proposed to increase the authorised share capital of the company from RM5 billion comprising five billion shares to RM10 billion comprising of 10 billion shares.

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