Jonjua Overseas Announces Bonus Issue in 5:40 Ratio to Reward Shareholders

In a move aimed at rewarding its shareholders, Jonjua Overseas Ltd has approved the issuance of bonus shares in the ratio of 5:40, meaning investors will receive five new equity shares for every forty shares they currently own.

The corporate action underscores the company’s robust financial performance and confidence in future growth prospects. By issuing bonus shares, Jonjua Overseas seeks to improve stock liquidity and widen retail investor participation, supporting its long-term value creation goals.

Key Highlights

Bonus Ratio: 5 new shares for every 40 shares held.

Objective: To reward shareholders and enhance market liquidity.

Record Date: To be announced separately by the company.

Strategic Rationale: Reinforces company’s commitment to shareholder value creation and financial strength.

Business Focus: Continues to expand its outsourcing and consulting operations globally.

Source: BSE Corporate Filings, Exchange Announcement.