Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
Description |
WILLOWGLEN MSC BERHAD ("WILLOWGLEN" OR THE "COMPANY") PROPOSED BONUS ISSUE |
On behalf of the Board of Directors of Willowglen (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake a proposed bonus issue of 248,000,000 new ordinary shares in the Company (“Willowglen Shares” or “Shares”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 1 existing Willowglen Share held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue”).
Please refer to the attachment for further details on the Proposed Bonus Issue.
This announcement is dated 19 March 2018. |
Please refer attachment below.