JF Technology Proposes Two Bonus Warrants for Every Five Shares
Bitget2026/10/29 09:13Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- JF Technology will seek shareholder approval at an extraordinary general meeting for up to 388,011,656 bonus warrants, issuing two per five existing shares.
- The warrants will be issued free, with each exercisable for one new share over five years.
- The exercise price remains to be fixed; full exercise at the illustrative MYR 0.80 could raise up to MYR 310.41 million.
- Proceeds would support business expansion, capital expenditure and working capital.
- The board considers the proposal in shareholders' best interests.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JF Technology Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719996) on October 29, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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