| Subject |
: |
INDUSTRIAL CONCRETE PRODUCTS BERHAD ("ICP")
(I) PROPOSED BONUS ISSUE OF 29,298,742 NEW ORDINARY SHARES OF
RM1.00 EACH ("ICP SHARES"), TO BE CREDITED AS FULLY PAID-UP,
ON THE BASIS OF ONE (1) NEW ICP SHARE FOR EVERY FIVE (5)
EXISTING ICP SHARES HELD ON AN ENTITLEMENT DATE TO BE
DETERMINED LATER ("PROPOSED BONUS ISSUE");
(II) PROPOSED SHARE SPLIT INTO TWO (2) ORDINARY SHARES OF
RM0.50 EACH IN ICP FOR EVERY ONE (1) EXISTING ICP SHARE
("PROPOSED SHARE SPLIT");
(III) PROPOSED ADOPTION OF NEW BYE-LAWS TO GOVERN THE
EXISTING EMPLOYEE SHARE OPTION SCHEME; AND
(IV) PROPOSED AMENDMENTS TO THE EXISTING ARTICLES OF ASSOCIATION
(COLLECTIVELY, THE "PROPOSALS") |