The Board of Directors has recommended for consideration and approval at the next Annual General Meeting, resolutions to:
(i) Increase the authorised share capital from $285 million to $325 million, by the creation of 80 million new ordinary shares of 50 cents each.
(ii) Make a Bonus Issue of 80,308,800 new stock units (on the basis of one ordinary stock unit for every seven stock units held by stockholders on record date to be decided), to be paid for out of Retained Earnings of company.
