Scomnet’s bonus issue approved

?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: Supercomnet Technologies Bhd’s (Scomnet) bonus issue of 214.33 million warrants has been approved by Bursa Malaysia.

In a filing with Bursa Malaysia, Scomnet said that Bursa had also approved the listing of up to 10% of new shares under the proposed ESOS scheme.