Thursday 25 Apr 2024
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KUALA LUMPUR (Aug 7): Shares in Only World Group Holdings Bhd (OWG) rose 5.64% this morning after it proposed to undertake a bonus issuance of warrants on the basis of one warrant for every two existing shares held. The exercise price of the warrants will be determined and announced later.

At 9.09am, OWG rose 5.5 sen to RM1.03 with 230,000 shares traded.

Based on OWG's issued share capital of RM183.6 million comprising 267.1 million OWG shares as at July 25, the maximum number of warrants to be issued pursuant to the proposed bonus issue of warrants is 133.55 million warrants.

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