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THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
If you are in any doubt as to any aspect of this circular, you should consult a stockbroker or other
registered dealer in securities,
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How to fill out proposed bonus shares issue
How to fill out proposed bonus shares issue:
01
Review the company's bylaws and shareholder agreements to understand the requirements and restrictions related to the issuance of bonus shares.
02
Determine the number of bonus shares to be issued and calculate the proportionate distribution among existing shareholders.
03
Prepare a resolution or proposal to be presented to the board of directors or the shareholders for approval. This should include the details of the proposed bonus shares issuance, such as the number of shares, the distribution ratio, and any other relevant information.
04
Consult with legal and financial advisors to ensure compliance with applicable laws, regulations, and accounting standards.
05
Complete any necessary documentation, such as a share transfer form or a stock certificate, to officially record the issuance of bonus shares.
06
Communicate the proposed bonus shares issuance to existing shareholders through official notifications or shareholder meetings.
07
After obtaining the necessary approvals and completing all required documentation, proceed with the distribution of the bonus shares to the eligible shareholders.
Who needs proposed bonus shares issue:
01
Companies aiming to reward their existing shareholders by providing additional shares without requiring additional capital investment.
02
Companies seeking to enhance shareholder value and loyalty by increasing their ownership stake.
03
Shareholders looking to benefit from the increase in their ownership percentage and potential future dividends resulting from the bonus shares issuance.
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