Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
Description |
ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR "COMPANY") PROPOSED BONUS ISSUE OF 151,603,559 NEW ORDINARY SHARES IN ELK-DESA ("ELK-DESA SHARE(S)" OR "SHARE(S)") ON THE BASIS OF 1 NEW ELK-DESA SHARE FOR EVERY 2 EXISTING ELK-DESA SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE ("PROPOSED BONUS ISSUE") |
On behalf of the Board of Directors of ELK-Desa, MIDF Amanah Investment Bank Berhad wishes to announce that the Company proposes to undertake an issuance of 151,603,559 new ordinary shares in ELK-Desa (“Bonus Shares") on the basis of 1 Bonus Share for every 2 existing ELK-Desa Shares held on the entitlement date to be determined and announced at a later date. Further details of the Proposed Bonus Issue are set out in the attachment below. This announcement is dated 16 November 2022. |
Company Name | ELK-DESA RESOURCES BERHAD |
Stock Name | ELKDESA |
Date Announced | 16 Nov 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-15112022-00014 |
Attachments