KAREX (5247) - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES

KAREX (5247) - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES

General Announcement

Reference No MM-150310-51953

Submitting Merchant Bank	:	CIMB INVESTMENT BANK BERHAD
Company Name	:	KAREX BERHAD
Stock Name	:	KAREX
Date Announced	:	10/03/2015

Type	:	Announcement
Subject	:	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES
Description	:	PROPOSED BONUS ISSUE OF 222,750,000 NEW ORDINARY SHARES OF RM0.25 EACH IN KAREX BERHAD (“KAREX”) (“KAREX SHARES”) (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 KAREX SHARES HELD BY THE SHAREHOLDERS OF KAREX ON AN ENTITLEMENT DATE TO BE DETERMINED (“PROPOSED BONUS ISSUE”)
Announcement Details/Table Section : We refer to the announcement dated 26 February 2015 in relation to the Proposed Bonus Issue (“Announcement”). Unless otherwise stated, the definitions used here shall have the same meanings as set out in the Announcement.  On behalf of the Board, CIMB is pleased to announce that the additional listing application in relation to the Proposed Bonus Issue has been submitted to Bursa Securities today.    This announcement is dated 10 March 2015.