APAC Realty Limited (CLN) announced on Sep, 08 2025 that it plans to undertake a bonus issue of new ordinary shares on the basis of one bonus share for every five existing shares held.
The proposal would add up to 71.84 million new shares, assuming no change to the current issued capital of 359.20 million shares. The bonus shares would represent 20.0 % of the present share base and about 16.67 % of the enlarged share capital after completion.
The new shares will be issued fully paid at no cost to shareholders and will rank pari passu with existing shares, except that they will not participate in any distributions declared before their allotment.
The bonus shares will be issued under the general mandate approved at the company’s Apr, 25 2025 annual general meeting, which allows up to 179.60 million new shares to be issued. No shares have yet been issued under this mandate.
APAC Realty will apply to the Singapore Exchange for the listing and quotation of the bonus shares; the record date for determining shareholder entitlements will be announced later.
The company said the move aims to reward shareholders on the eighth anniversary of its Mainboard listing and to enhance trading liquidity. Shareholders and investors are advised to exercise caution while dealing in the shares until the necessary approvals are obtained.