OSK Holdings Proposes 1-for-2 Bonus Issue to Reward Shareholders Amid Record Profit Growth
OSK Holdings Berhad proposed a 1-for-2 bonus issue to reward shareholders for their trust in the company’s growth journey. The move will increase issued shares from 2.095 billion to 3.143 billion, benefiting over 22,000 shareholders. The proposal follows OSK’s strong FY2024 performance, with 4% revenue growth to RM1.66 billion and a 10% rise in pre-tax profit to RM611.4 million. The bonus issue is subject to Bursa Securities approval and shareholders’ approval at the upcoming EGM.
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