PETALING JAYA: Eastern & Oriental Bhd
(E&O) has proposed a bonus issue, free warrants and an issuance of up to RM500mil in nominal value of private debt securities (PDS).
In a filing with Bursa Malaysia, the hospitality and property developer said the proposed bonus issue of up to 114.09 million shares was on a one-for-10 basis while the warrants of 228.19 million were on a one-for-five basis.
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