Asia Media rights issue with warrants to raise up to RM97.8mil


In a statement today, it announced a renounceable rights issue of up to 752,400,000 new ordinary shares together with up to 188,100,000 free new warrants.

Shareholders voted to approve the corporate exercise, which will fund the company's expansion and roll-out of DTTB (Digital Terrestrial Television Broadcasting) on its Transit-TV network.

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