Based on the illustrative indicative exercise price of 97.5 sen, the gross proceeds to be raised upon full exercise of the warrants (File pic shows Kelington piping instlalation)
KUALA LUMPUR: Kelington Group Bhd
has proposed the issuance of 322.62 million bonus shares on the basis of one bonus share for every one existing share held and up to 215.08 million free warrants on the basis of one free warrant for every three existing shares held.
Based on the illustrative indicative exercise price of 97.5 sen, the gross proceeds to be raised upon full exercise of the warrants is RM209.71mil. — Bernama
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
