Seni Jaya proposes 1-for-2 warrants bonus issue

KUALA LUMPUR: Seni Jaya Corp Bhd has proposed a bonus issue of up to 24.27 million warrants on the basis of one warrant for every two existing shares on an entitlement date to be determined later.

In a filing with Bursa Malaysia, the outdoor advertising services provider said the exercise price of the warrants will be fixed at a later date after all relevant approvals had been obtained.