Analyst Research Report Snapshot


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




Affin Hwang Investment Bank Bhd


02 Sep 2013





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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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