Read the initial Bursa announcement that the new bonus shares (1:5) to be issued will also be entitled for new warrants (1:20). Experienced investors - can you confirm it is correct? If yes, this one of the best deal as rewards for loyal shareholders.
Scenario
Existing 100,000 shares will be entitled for 20,000 bonus shares.
So, in total for the 120,000 shares (existing and new bonus shares), the free warrants (1:20) allocated will be 6,000 ie 120,000 / 20.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
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Read the initial Bursa announcement that the new bonus shares (1:5) to be issued will also be entitled for new warrants (1:20). Experienced investors - can you confirm it is correct? If yes, this one of the best deal as rewards for loyal shareholders.
Scenario
Existing 100,000 shares will be entitled for 20,000 bonus shares.
So, in total for the 120,000 shares (existing and new bonus shares), the free warrants (1:20) allocated will be 6,000 ie 120,000 / 20.