KLSE (MYR): KOSSAN (7153)
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Last Price
2.46
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+0.10 (4.24%)
Day's Change
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covid2019
204 posts
Posted by covid2019 > 2020-09-03 15:22 | Report Abuse
Usually companies issue bonus because their profits are good and they have to pay by reducing the retained earnings from balance sheet.I wonder why investors are scared. Tesla aand apple did a bonus issue because they realised alot of retail investors are in the markets today then previously. So did top glove, super and kossan.
Bonus issue is another type of dividend for investors and no tax.