KUALA LUMPUR: COASTAL CONTRACTS BHD [] has fixed the exercise price for the warrants to be issued at RM3.18 per warrant.
It said on Thursday, July 14 the exercise price of RM3.18 was a premium of about 21.84% over the closing ex-all price of Coastal shares after the bonus issue of RM2.61 on the same day.
The warrants were issued free on the basis of one warrant for every eight shares held after the bonus issue.
It said on Thursday, July 14 the exercise price of RM3.18 was a premium of about 21.84% over the closing ex-all price of Coastal shares after the bonus issue of RM2.61 on the same day.
The warrants were issued free on the basis of one warrant for every eight shares held after the bonus issue.
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