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Pensonic by hunney93 is a document available to read on EtoBox.
What is Pensonic about?
Pensonic Holdings Bhd announced a proposed rights issue of 64.83 million warrants to raise up to RM45.38 million. The company will undertake a two-for-five bonus issue of 37.04 million new shares, as well as a rights issue of one warrant for every two existing shares at 10 sen per warrant to raise RM6.48 million. If all warrants are exercised at the indicative price of 60 sen per warrant, the company stands to raise an additional RM38.9 million in working capital and to repay bank borrowings.
- Author
- hunney93
- Language
- EN