SCIB executive chairman Datuk Chong Loong Men.
KUALA LUMPUR: Sarawak Consolidated Industries Bhd
’s (SCIB) shareholders have approved the issuance of free detachable warrants and the proposed reduction of its issued share capital at an extraordinary general meeting (EGM) held earlier today.
In a statement, SCIB said shareholders approved the proposed renounceable rights issue of up to 763.62 million new ordinary shares, together with an equal number of free detachable warrants.
