Bursa Malaysia Company Announcements: Company announcements: KSL

October 2, 2014

Announcement Type: General Announcement

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES
Description	KSL HOLDINGS BERHAD (“KSL” OR THE “COMPANY”) I. PROPOSED BONUS ISSUE; II. PROPOSED DIVIDEND REINVESTMENT PLAN; III. PROPOSED INCREASED IN AUTHORISED SHARE CAPITAL; AND IV. PROPOSED AMENDMENTS
On behalf of the Board of Directors of KSL, Hong Leong Investment Bank Berhad wishes to announce that KSL proposes to undertake the following proposals: (i) proposed bonus issue of up to 487,149,008 new ordinary shares of RM0.50 each in the Company (“KSL Share(s)” or “Share(s)”) (“Bonus Shares”) to be credited as fully paid-up, on the basis of 1 Bonus Share for every 1 existing KSL Share held; (ii) proposed establishment of a dividend reinvestment plan (“DRP”) that will provide shareholders of KSL the option to elect to reinvest in whole or in part their cash dividend, which includes any interim, final, special or other cash dividend, in new KSL Shares (“Proposed DRP”); (iii) proposed increase in the authorised share capital of KSL from RM500,000,000 comprising 1,000,000,000 KSL Shares to RM1,000,000,000 comprising 2,000,000,000 KSL Shares; and (iv) proposed amendments to the Articles of Association of the Company to facilitate the implementation of the Proposed DRP. Please refer to the attachment for further details. This announcement is dated 2 October 2014.