WCT has proposed bonus issues of new ordinary shares on the basis of 3 for 20 and free warrants on the basis of 1 for 5. See Bursa announcement
The proposed bonus issue of shares and the proposed bonus issue of warrants
will be implemented concurrently. As such, the bonus shares to be issued
pursuant to the proposed bonus issue of shares will not be entitled for the
warrants.
The theoretical ex-all price will be:
[Closing price immediate before ex-date + 0.2 (warrant exercise price)]/ (1 + 0.2 + 0.15)
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