EG Industries proposes 1-for-2 free warrants issue


KUALA LUMPUR: EG Industries Bhd has proposed a bonus issue of 225.1 million free five-year warrants on the basis of one warrant for every two existing shares held by the entitled shareholders on the entitlement date.

The electronic manufacturing services provider said the proposed free warrants exercise shall be subject to shareholders’ approval at the upcoming extraordinary general meeting.

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