Wednesday, November 9, 2011

Konsortium Transnasional's 32m new shares to list Thursday

KUALA LUMPUR (Nov 9): KONSORTIUM TRANSNASIONAL BHD []'s 32 million new shares will be listed on Thursday, Nov 10.

A circular on Wednesday said the new shares resulted from the conversion of irredeemable convertible secured loan stocks (ICSLS).

The tenure of 4% three-year loan stocks 2007/2010 were extended from June 26, 2010 to June 25, 2013. The conversion is 62.5 sen for one converted share.

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