Ni Hsin Proposes Bonus Issue of Up to 312,651,147 Warrants on One-for-Two Basis

Bitget2026/10/27 10:10

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Ni Hsin Group will seek shareholder approval at an extraordinary general meeting for up to 312,651,147 bonus Warrants C.
Shareholders would receive one free Warrant C for every two existing shares held.
Each five-year Warrant C entitles holders to subscribe for one new share; the exercise price will be fixed later.
Full exercise at the illustrative MYR 0.36 price would raise approximately MYR 112.55 million for working capital and EV capital expenditure.
The board considers the proposal in the best interests of the company and its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ni Hsin Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719163) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ni Hsin Proposes Bonus Issue of Up to 312,651,147 Warrants on One-for-Two Basis

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