KUALA LUMPUR: Shareholders of Kimlun Corp Bhd
have approved its RM66.12mil rights issue of up to 60.1 million rights shares on the basis of one rights share for every four existing shares with each rights share attached with a free warrant.
Executive director Vennessa T.F. Yam said following the corporate exercise, its earnings per share might be slightly lower but added the effect would not be immediate.
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