Chapter 21 Miscellaneous

Section 179 : Bonus share

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1) A company may, by adopting a special resolution in the general meeting, issue bonus shares to its shareholders, out of the amount available for the distribution as dividend.

2) Where a company is to issue bonus shares pursuant to Subsection (1), the company shall give information thereof to the Office before issuing such shares.

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Section 179 : Bonus share

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