Sunday 8 July, 2007

Bonus shares

Television Eighteen Limited


The board of directors of Television Eighteen Limited (TV18) have recommended an issue of bonus shares in the ratio of 1 : 1 (1 bonus share for every 1 share held), to the existing shareholders of Television Eighteen Limited (TV18) as appearing in the company’s register of shareholders, on the record date, which will be announced in a few days time. The bonus issue will be made by capitalising the free reserves of Television Eighteen Limited (TV18).




Kernex Microsystem


The board of directors of Kernex Microsystems have recommended an issue of bonus issue in the ratio of 1 : 10 (1 bonus share for every 10 shares held), to the existing shareholders of Kernex Microsystems as appearing in the company’s register of shareholders, on the record date, which will be announced in a few days time. The bonus issue will be made by capitalising the free reserves of Kernex Microsystems.




Banco products


The board of directors of Banco products have recommended an issue of bonus issue in the ratio of 1 : 1 (1 bonus share for every 1 shares held), to the existing shareholders of Banco products as appearing in the company’s register of shareholders, on the record date, which will be announced in a few days time. The bonus issue will be made by capitalising the free reserves of Banco products.