VS rewards shareholders with proposed 1-for-10 bonus issue of warrants

KUALA LUMPUR: V.S. Industry Bhd has proposed to undertake a bonus issue of up 395.7 million free new warrants in VS based on one warrant for 10 existing VS shares.

In a statement, the electronics manufacturing services (EMS) provider said the entitlement date would be determined and announced later. The warrants shall have a tenure of two years.