News

Additional 36,500 New Ordinary Shares of S$0.10 Each ("Bonus Shares") To Be Alotted And Issued Arising From The Exercise Of Pre-IPO Employee Share Options

We refer to our announcement made in respect of the above earlier today (MASNET No 72).

The first sentence of the said announcement should read :

"On 28 January 2002, Qian Hu Corporation Limited ("the Company") announced the proposed Bonus Issue of 8,276,200 new ordinary shares of S$0.10 each in the capital of the Company (the "Shares") on the basis of one (1) Share for every ten (10) existing Shares issued."