PETALING JAYA: Ge-Shen Corp Bhd, which received a takeover offer from Pelita Niagamas Sdn Bhd on Tuesday, announced that the GE-Shen redeemable convertible preference shares (RCPS) was issued on April 17 at an issue price of RM0.60 per Ge-Shen RCPS.
In a filing with the stock exchange, the plastic mould products manufacturer clarified that each RCPS would be convertible into one Ge-Shen share at the option of the holder.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!