On Dec 11,2020, the loss-making restaurant chain had proposed a one-to-three share split and a bonus issue of one warrant for every two shares.
PETALING JAYA: Oversea Enterprise Bhd
(OEB) can raise gross proceeds of up to RM101.75mil upon full exercise of its warrants, after a bonus issue of one warrant for every two shares, based on an illustrative exercise price of 23 sen per warrant.
On Dec 11,2020, the loss-making restaurant chain had proposed a one-to-three share split and a bonus issue of one warrant for every two shares.
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