JF Technology Proposes Two Bonus Warrants for Every Five Shares
Bitget2026/10/29 09:13- JF Technology will seek shareholder approval at an extraordinary general meeting for up to 388,011,656 bonus warrants, issuing two per five existing shares.
- The warrants will be issued free, with each exercisable for one new share over five years.
- The exercise price remains to be fixed; full exercise at the illustrative MYR 0.80 could raise up to MYR 310.41 million.
- Proceeds would support business expansion, capital expenditure and working capital.
- The board considers the proposal in shareholders' best interests.
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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