OCK Group to raise up to RM145mil via rights issue with warrants

Group managing director Sam Ooi says the corporate exercise will prepare the company to seize business expansion opportunities.

KUALA LUMPUR: OCK Group Bhd expects to raise gross proceeds of up to RM145.24mil through a proposed renounceable 1-for-2 rights issue of up to 290.49 million new shares with free detachable warrants.