<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 29): My EG Services Bhd (MyEG) is planning a bonus issuance of one bonus share for two existing shares held to reward shareholders and increase its share capital to reflect its current scale of operations and assets employed.</p></div>

<div class=newsTextDataWrapInner><p>MyEG said this would entail an issuance of up to 1.2 billion shares.</p></div>

<div class=newsTextDataWrapInner><p>Its existing issued and paid-up share capital is RM240.4 million, comprising 2.4 billion shares, including its 3.5 million treasury shares as at Aug 26, 2016, the latest practicable date (LPD) prior to the announcement.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>This will be increased to as much as RM360.09 million, comprising 3.61 billion shares, upon completion of the bonus issuance.</p></div>

<div class=newsTextDataWrapInner><p>It said the proposed bonus issue shall be wholly capitalised from the retained earnings accounts of the company.</p></div>

<div class=newsTextDataWrapInner><p>“Purely for illustrative purposes only, based on the closing market price of MyEG Shares as at the LPD of RM2.03, the theoretical ex-bonus price of MyEG shares after the proposed bonus issue is RM1.35,” it said.</p></div>

<div class=newsTextDataWrapInner><p>Subject to approvals being obtained, the board expects the proposed bonus issue to be completed by the first quarter of 2017.</p></div>

<div class=newsTextDataWrapInner><p>MyEG closed up four sen or 1.97% at RM2.07, valuing it at RM5 billion.</p></div>


KUALA LUMPUR (Aug 29): My EG Services Bhd (MyEG) is planning a bonus issuance of one bonus share for two existing shares held to reward shareholders and increase its share capital to reflect its current scale of operations and assets employed.

MyEG said this would entail an issuance of ...

MyEG plans 1-for-2 bonus issuance to reward shareholders

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<p>Malaysia's latest position in the Press Freedom Index is still considered good compared to the previous government, said Communications Minister Fahmi Fadzil.</p>


<p>The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.</p>
