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Furniweb Industrial Products Bhd announces proposed renounceable rights issue

Tuesday, 28 Jan 2014 07:00pm EST 

Furniweb Industrial Products Bhd:Says it proposes to undertake a renounceable rights issue of up to 54,445,440 Rights Shares at an issue price of 0.55 Ringgit per Rights Share, on the basis of three Rights Shares for every five existing FIPB Shares held together with up to 54,445,440 Warrants.Says on the basis of one Warrant for every one Rights Share subscribed for, on an entitlement date to be determined by the Board later. 

Company Quote

0.015 +2.16%
3:06am EDT