An issuer that intends to make a bonus issue must promptly make an announcement, stating the following:

Amended on 7 February 20207 February 2020.

An issuer that intends to undertake a subdivision or consolidation of shares must:

Added on 7 February 20207 February 2020.

No record date must be fixed until the Exchange has issued a listing and quotation notice in respect of the bonus issue or subdivision or consolidation of shares.

Amended on 7 February 20207 February 2020.

The daily weighted average price of an issuer's quoted securities, adjusted for the bonus issue or subdivision of shares ("adjusted price"), must not be less than $0.20, taking into account the issuer's adjusted price for the month preceding the application date.

Amended on 7 February 20207 February 2020.

An issuer making a bonus issue or subdivision of shares must state in the shareholder circular (if required) whether it expects to maintain the quantum of dividend declared and paid in the previous year.

Amended on 7 February 20207 February 2020.

An issuer must not capitalise:

An issuer should avoid creating odd lots as far as possible.