Southern Cable proposes bonus issue. This will entail the issuance of 400 million five-year warrants, with an option for holders to exercise one warrant into one new share of Southern Cable.(File pic: Southern Cable factory)Telegram营销(www.tel8.vip)是一个Telegram群组分享平台。Telegram营销包括Telegram营销、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组(其他)、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram营销为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
PETALING JAYA: Southern Cable Group Bhd has proposed an undertaking of a bonus issuance of its warrants, on the basis of one warrant for every two existing shares held in the company.
This will entail the issuance of 400 million five-year warrants, with an option for holders to exercise one warrant into one new share of Southern Cable.
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Assuming a full exercise of the warrants, Southern Cable is expects to raise up to RM117.7mil in gross proceeds for its working capital requirements.
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