More Shares, More Cheer: Jonjua Overseas Announces 1:20 Bonus Payout

Jonjua Overseas Ltd has approved the issuance of bonus shares in a 1:20 ratio, marking a shareholder-friendly move as part of its latest board meeting decisions. This corporate action aims to enhance liquidity and reward existing investors, reflecting the company’s confidence in its growth trajectory.

 

Key Highlights:

 

The Board of Directors of Jonjua Overseas Ltd has approved a 1:20 bonus issue, meaning shareholders will receive 1 bonus share for every 20 shares they currently hold.

 

This decision was finalized during the board meeting held on June 26, 2025, where other key matters such as an increase in authorized share capital and related party transaction limits were also discussed.

 

The bonus issue is designed to make the stock more affordable and attractive to a broader base of investors, potentially increasing trading activity and market participation.

 

The company has a history of issuing bonus shares in varying ratios, underscoring its commitment to rewarding loyal shareholders.

 

The trading window for the company’s shares was closed from June 24 to June 28, 2025, in accordance with regulatory requirements surrounding the board meeting and bonus issue announcement.

 

Shareholders can expect further communication regarding the record date and the process for allotment of bonus shares in the coming days.

 

This move aligns with Jonjua Overseas Ltd’s strategy of maintaining robust investor relations and supporting long-term value creation.

 

Source: Stock Insights, Economic Times, TradingView, Moneycontrol