TMI BlogCompletion of bonus issue.X X X X Extracts X X X X X X X X Extracts X X X X ..... ue. 95. (1) An issuer, announcing a bonus issue after the approval of its board of directors and not requiring shareholders' approval for capitalisation of profits or reserves for making the bonus is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o announce the bonus issue was taken subject to shareholders' approval.
(2) Once the decision to make a bonus issue is announced, the issue cannot be withdrawn.
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