KUALA LUMPUR: Minox International Group Bhd
proposes to undertake a bonus issue of 180 million warrants on the basis of one warrant for every two existing ordinary shares with a tenure of five years.
In a Bursa Malaysia filing today, the distributor of stainless-steel tubes, fittings and sanitary valves said that the issue of warrants is not expected to raise any immediate funds as it will be issued at no cost to the entitled shareholders.
