Bursa Announcements
News
New Issue Of Securities (Chapter 6 Of Listing Requirements) : Bonus Issues
Oct 22, 2024
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")
PROPOSED BONUS ISSUE OF UP TO 2,978,945,287 NEW ORDINARY SHARES IN GAMUDA ("GAMUDA SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING GAMUDA SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE OF SHARES")
We refer to the Company's announcements dated 26 September 2024 and 21 October 2024 in relation to the Proposed Bonus Issue of Shares. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities had vide its letter dated 22 October 2024 ("Approval Letter"), approved the listing and quotation of up to 2,978,945,287 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares on the Main Market of Bursa Securities, subject to the following conditions:
(i) RHB Investment Bank and Gamuda must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Shares;
(ii) Gamuda is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the extraordinary general meeting approving the Proposed Bonus Issue of Shares;
(iii) RHB Investment Bank and Gamuda are required to make the relevant announcements in accordance with paragraphs 6.35(2)(a)&(b) and 6.35(4) of the Listing Requirements;
(iv) RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Shares;
(v) RHB Investment Bank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Shares is completed;
(vi) payment of outstanding processing fees, if any, based on the market value of the Bonus Shares to be listed (based on the adjusted price) together with a copy of the details of the computation of the amount of processing fees payable; and
(vii) to incorporate Bursa Securities' comments in respect of the draft circular to shareholders provided in the attachment to the Approval Letter.
This announcement is dated 22 October 2024.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
22 Oct 2024
Category
General Announcement for PLC
Reference Number
GA1-22102024-00065
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") PROPOSED BONUS ISSUE OF UP TO 2,978,945,287 NEW ORDINARY SHARES IN GAMUDA ("GAMUDA SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING GAMUDA SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE OF SHARES") |
|
We refer to the Company's announcements dated 26 September 2024 and 21 October 2024 in relation to the Proposed Bonus Issue of Shares. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities had vide its letter dated 22 October 2024 ("Approval Letter"), approved the listing and quotation of up to 2,978,945,287 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares on the Main Market of Bursa Securities, subject to the following conditions:
(i) RHB Investment Bank and Gamuda must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Shares;
(ii) Gamuda is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the extraordinary general meeting approving the Proposed Bonus Issue of Shares;
(iii) RHB Investment Bank and Gamuda are required to make the relevant announcements in accordance with paragraphs 6.35(2)(a)&(b) and 6.35(4) of the Listing Requirements;
(iv) RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Shares;
(v) RHB Investment Bank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Shares is completed;
(vi) payment of outstanding processing fees, if any, based on the market value of the Bonus Shares to be listed (based on the adjusted price) together with a copy of the details of the computation of the amount of processing fees payable; and
(vii) to incorporate Bursa Securities' comments in respect of the draft circular to shareholders provided in the attachment to the Approval Letter.
This announcement is dated 22 October 2024. |
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Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 22 Oct 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22102024-00065 |