KSH Hldgs

KSH Hldgs: Proposed bonus issue of 1 share for every 10 existing shares. Co is of the view that it will increase trading liquidity of co's shares. FY12 Mar-end results lower yoy. FY12 rev at $170.6m -35.1% yoy, with net profit at $18.3m -16.8% yoy. Co currently has orderbook of $467m. Dividend of 0.5c declared as compared to 1.0c last yr. Tender prices are expected to remain competitive and costs may increase.