The entitlement date will be determined later, Samaiden aid in a filing with Bursa Malaysia.
KUALA LUMPUR: Samaiden Group Bhd has proposed a bonus issue of 105 million warrants on the basis of one warrant for every two existing shares.
The exercise price of the warrants of RM1.20 represents a discount of about 24.57% to the five-day volume weighted average market price of Samaiden shares up to and including the latest practicable date of RM1.5909 per share.
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