Tek Seng proposes bonus issue
- 6 years ago
Penang-based PVC products manufacturer, Tek Seng Holdings has proposed a bonus issue of up to 120 million free warrants on the basis of one free warrant for every two existing Tek Seng shares.
In a filing with Bursa Malaysia today, the company said the exercise price of the warrants will be pegged at 25 sen per warrant, being the par value of Tek Seng shares.
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In a filing with Bursa Malaysia today, the company said the exercise price of the warrants will be pegged at 25 sen per warrant, being the par value of Tek Seng shares.
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