Niche Capital plans bonus issue, share capital reduction, and private placement


KUALA LUMPUR: Niche Capital Emas Holdings Bhd (NICE) has proposed to undertake a bonus issue of warrants, offering one warrant for every two existing ordinary shares held by entitled shareholders on an entitlement date to be determined later. 

In a filing with Bursa Malaysia, NICE stated that the proposed bonus issue entails issuing up to 741.94 million warrants on this basis.

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