Bright Packaging to raise RM47.61m from rights issue


KUALA LUMPUR: Bright Packaging Industry Bhd plans to RM47.61mil from a proposed renounceable rights issue of 86.56 million new shares and 57.71  million free warrants.

It said on Monday the rights issue would be on the basis of two rights shares for every one existing share held, together with 57.71 warrants on the basis of two warrants for every three rights shares subscribed.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read