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OTHERS BONIA CORPORATION BERHAD ("BONIA" OR "COMPANY") PROPOSED CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN BONIA ("BONIA SHARE(S)") INTO 1 BONIA SHARE ("PROPOSED SHARE CONSOLIDATION")

BONIA CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
BONIA CORPORATION BERHAD ("BONIA" OR "COMPANY")

PROPOSED CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN BONIA ("BONIA SHARE(S)") INTO 1 BONIA SHARE ("PROPOSED SHARE CONSOLIDATION")

We refer to the announcements made on 1 October 2019 and 21 October 2019 in relation to the Proposed Share Consolidation (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of Bonia, TA Securities wishes to announce that Bursa Securities had, via its letter dated 24 October 2019, resolved to approve the Proposed Share Consolidation, subject to the following conditions:

 

(i) Bonia to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the extraordinary general meeting for the Proposed Share Consolidation;

 

(ii) TA Securities is required to make the relevant announcements pursuant to Paragraph 13.20(2) of the Listing Requirements; and

 

(iii) Bonia is required to ensure full compliance of all the requirements pertaining to the Proposed Share Consolidation as provided under the Listing Requirements at all times.

 

This announcement is dated 25 October 2019.






Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 25 Oct 2019
Category General Announcement for PLC
Reference Number GA1-25102019-00010




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