The exercise, if approved, would entail an issuance of up to 527.94 million bonus shares and 175.98 million free warrants based on the confectionery producer’s share capital of 480.16 million. (File picture shows a Guan Chong factory in Indonesia.)
PETALING JAYA: Guan Chong Bhd
has proposed to undertake a bonus issue on the basis of one bonus issue for every existing share held as well as a one-for-three issue of free warrants.
The exercise, if approved, would entail an issuance of up to 527.94 million bonus shares and 175.98 million free warrants based on the confectionery producer’s share capital of 480.16 million.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
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!
