Analyst Research Report Snapshot

Title:

Flash Note – Kossan (BUY, maintain) - Declares a 1-for-1 bonus issue

Price:

$23.00

Provider:

Affin Investment Bank

Date:

02 Sep 2013

Pages:

3

Type:

AcrobatPDF

Companies referenced:

KRIB.KL

Available for Immediate Download
Summary:

A generous reward to shareholders In a Bursa announcement yesterday, Kossan (KRI) announced a 1-for-1 bonus issue. The entitlement date is to be determined at a later date, after a special meeting requiring approval from shareholders. Backed by KRI's resilient growth in profitability and swelling retained earnings, this marks KRI’s sixth round of bonus issue since it listed backed in 1996.

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