Samaiden plans bonus issue


The entitlement date will be determined later, Samaiden aid in a filing with Bursa Malaysia.

KUALA LUMPUR: Samaiden Group Bhd has proposed a bonus issue of 105 million warrants on the basis of one warrant for every two existing shares.

The exercise price of the warrants of RM1.20 represents a discount of about 24.57% to the five-day volume weighted average market price of Samaiden shares up to and including the latest practicable date of RM1.5909 per share.

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!

Samaiden Group , bonus , issue , warrants , shares ,

   

Next In Business News

FBM KLCI remains in bullish mode on US corporate results beat
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience

Others Also Read