GDex proposes free warrants


In a filing with Bursa Malaysia yesterday, the logistics firm said it has proposed to issue up to 705.18 million free Warrants C on an entitlement date to be determined later.

PETALING JAYA: GD Express Carrier Bhd (GDex) is planning to issue free warrants to its shareholders on the basis of one warrant for every eight shares held.

In a filing with Bursa Malaysia yesterday, the logistics firm said it has proposed to issue up to 705.18 million free Warrants C on an entitlement date to be determined later.

The warrants issuance is subject to the approval of its shareholders and of Bursa Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

IT buoys GDEX’s confidence
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact
Powering on data centres
CMM seeks feedback on Sector Guides for ESG disclosures
Gadang gets RM280mil data centre job
MAA to sell entire stake in Turiya for RM53mil

Others Also Read