Description |
Issuance of free detachable warrants ("Warrants") pursuant to the renounceable rights issue of 133,333,131 new ordinary shares of RM0.05 each in Bioalpha ("Bioalpha Shares") ("Rights Shares") at an issue price of RM0.20 per Rights Share on the basis of 1 Rights Share for every 5 existing Bioalpha Shares held at 5.00 p.m. on 8 December 2016, together with 133,333,131 Warrants on the basis of 1 Warrant for every 1 Rights Share subscribed. |