LBI Capital proposes bonus issue


?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday

PETALING JAYA: LBI Capital Bhd has proposed a bonus issue of one bonus share for every five existing shares of up to 16.43 million shares.

In a filing with Bursa Malaysia yesterday, the firm said that each of the bonus shares come with three free warrants of up to 49.3 million detachable warrants.

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