Southern Cable proposes bonus issue. This will entail the issuance of 400 million five-year warrants, with an option for holders to exercise one warrant into one new share of Southern Cable.(File pic: Southern Cable factory)澳5开户（www.a55555.net）是澳洲幸运5彩票官方网站，开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。
PETALING JAYA: Southern Cable Group Bhd has proposed an undertaking of a bonus issuance of its warrants, on the basis of one warrant for every two existing shares held in the company.
This will entail the issuance of 400 million five-year warrants, with an option for holders to exercise one warrant into one new share of Southern Cable.
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Assuming a full exercise of the warrants, Southern Cable is expects to raise up to RM117.7mil in gross proceeds for its working capital requirements.
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