General Announcement::MALAYSIA SMELTING CORPORATION BERHAD ("MSC" OR THE "COMPANY") - PROPOSED BONUS ISSUE

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 04-Mar-2025 17:27:35
Status: New
Announcement Sub Title: MALAYSIA SMELTING CORPORATION BERHAD ("MSC" OR THE "COMPANY") - PROPOSED BONUS ISSUE
Announcement Reference: SG250304OTHRA8SR
Submitted By (Co./ Ind. Name): WONG YOUN KIM
Designation: COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below): On behalf of the Board of Directors of MSC ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a bonus issue of 420,000,000 new ordinary shares in MSC ("MSC Shares" or "Share(s)") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 1 existing MSC Share held by the shareholders of the Company whose names appear in the Company's Record of Depositors on an entitlement date to be determined later ("Proposed Bonus Issue").

For information purpose, MSC is primarily listed on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") and secondarily listed on the Main Board of Singapore Exchange Securities Trading Limited ("SGX"). Accordingly, the Bonus Shares will also be secondarily listed on the Main Board of SGX.

Details of the Proposed Bonus Issue are set out in the attachment enclosed.

This announcement is dated 4 March 2025.

Total size =71K