Thursday, November 4, 2010

Tenaga Nasional's maximum bonus shares revised to 1.119 bln

KUALA LUMPUR: TENAGA NASIONAL BHD [] said the maximum number of bonus shares has been revised to 1.119 billion and the additional listing application has been submitted to Bursa Malaysia Securities.

Tenaga said on Thursday, Nov 4 the revised maximum number was based on Tenaga's paid-up share capital of'' RM4.355 billion comprising of 4.355 billion shares as at Oct 19.

It also took into consideration Tenaga's'' ESOS Options amounting to 120.806 million as Oct 19, (including options which have been exercised but shares yet to be listed).

Tenaga added the maximum number of bonus shares was reduced since the initial announcement on Aug 26 after certain employees had ceased employment. This caused 102,625 ESOS options to cease to be valid.


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