What to watch. Lancer Container: To turn ex-bonus

Shares of Lancer Container Lines will remain in focus on Tuesday, as the company has fixed January 4 as the record date for the purpose of bonus issue. The company is rewarding its shareholders with three bonus shares for every five held. Investors who wish to receive the bonus need to buy its shares by January 2 (Tuesday), as the logistics service company stock will turn ex-bonus on Wednesday. According to the BSE site, this is the maiden bonus issue from the company.