VS Industry shareholders approve 1-to-10 bonus issue of warrants

KUALA LUMPUR: VS Industry Bhd's shareholders have greenlit a bonus issue of up to 395.7 million new warrants on the basis of one warrant for 10 existing shares.

At the extraordinary general meeting (EGM) held on Monday, the voters passed the proposed bonus issue of the warrants, which is expected to be completed by the third quarter of 2024.