Description |
Issuance of 179,423,296 free detachable warrants ("Warrants") to the entitled shareholders of Sunzen Biotech Berhad ("Sunzen") pursuant to the renounceable rights issue of 179,423,296 new ordinary shares of RM0.10 each in Sunzen ("Sunzen Shares") ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing Sunzen Shares held as at 5.00 p.m. on 3 February 2016 at an issue price of RM0.25 per Rights Share, together with 179,423,296 free detachable warrants ("Warrants") on the basis of one (1) Warrant for every one (1) Rights Share subscribed for ("Rights Issue of Shares with Warrants") |