"The company recently proposed the issuance of up to 705.2 million warrants, which could generate between RM281.7mil and 282.1mil of funds for the company.
In an Oct 22 report, MIDF Research noted that GDex has a net cash above RM100mil, which has supported its various expansion plans, including the acquisition of 55% stake in a Vietnamese company."
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terence775
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Posted by terence775 > 2020-10-22 09:40 | Report Abuse
Normally warrants are issued with a premium to the mother share. And validity for a few years.