<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 26): Choo Bee Metal Industries Bhd has proposed to undertake a bonus issue of up to 21.98 million bonus shares on the basis of one-for-five existing shares held to reward shareholders, while enhancing its marketability and trading liquidity.</p></div>

<div class=newsTextDataWrapInner><p>The entitlement date will be determined by the group later, according to its filing with Bursa Malaysia today.</p></div>

<div class=newsTextDataWrapInner><p>As at April 24, being the latest practicable date (LPD), Choo Bee said it had 109.9 million (including treasury shares) shares in issue, and after the proposed bonus issue, the enlarged number of issued shares would amount to a minimum of 130.73 million and maximum of 131.88 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“For illustration purposes, based on the five-day volume weighted average price of Choo Bee shares up to and including the LPD of RM2.37, the theoretical ex-bonus share price of the shares is RM1.98,” the filing added.</p></div>

<div class=newsTextDataWrapInner><p>Barring unforeseen circumstances and subject to approvals, the proposed bonus issue is expected to be completed by the third quarter of 2018, Choo Bee added.</p></div>

<div class=newsTextDataWrapInner><p>At the closing bell today, Choo Bee shares remained unchanged at RM2.29 each, valuing it at RM250.56 million.</p></div>


KUALA LUMPUR (April 26): Choo Bee Metal Industries Bhd has proposed to undertake a bonus issue of up to 21.98 million bonus shares on the basis of one-for-five existing shares held to reward shareholders, while enhancing its marketability and trading liquidity.

The entitlement date will...

Choo Bee plans 1-for-5 bonus issue

This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.

Trade and investment key to bolstering Malaysia-China relations

For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.

Making solar adoption more attractive via SolaRIS

KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.

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He said that any wage increase announced by the government or the private sector is meaning...

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<p>The police have confirmed receiving a report from Seputeh Member of Parliament (MP) Teresa Kok Suh Sim about a threatening letter she received on Saturday.</p>


<p>Didi Global Inc president Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.</p>


<p>Efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position, according to Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.</p>

<p>Unity government spokesman Fahmi Fadzil said such shameful action should not be directed at any MP, whether they are backbenchers or from the Op...

<p>Trade and investment will be the main focus for cooperation between Malaysia and Uzbekistan, following Pr</p>


<p>KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.</p>

<p>He said that any wage increase announced by the government or the private sector is meaning...

<p>SEREMBAN (May 19): Deputy Minister of Communications Teo Nie Ching announced that the Cyber Security Bill is projected to be tabled by the end of this year at the latest.</p>

<p>She stated that the ministry is reviewing various aspects of the bill and seeking feedback from the Attorney General...

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<p>Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.</p>


<p>This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.&nbsp;</p>


<p>For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.</p>
