NEW ISSUE OF SECURITIES - BONUS ISSUES
P.I.E. INDUSTRIAL BERHAD (“PIB” OR THE “COMPANY”)
PROPOSED BONUS ISSUE OF UP TO 12,801,400 NEW ORDINARY SHARES OF RM1.00 EACH IN PIB (“PIB SHARE(S)” OR “SHARE(S)”) (“BONUS SHARE(S)”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING PIB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE”)
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed Bonus Issue.
We refer to our earlier announcement dated 21 February 2014.
On behalf of the Board of Directors of PIB, RHB Investment Bank Berhad wishes to announce that the listing application in relation to the Proposed Bonus Issue has been submitted to Bursa Malaysia Securities Berhad on 20 March 2014.
This announcement is dated 20 March 2014.