RAMSSOL 0236 RAMSSOL GROUP BERHAD proposes one-for-two bonus issue of warrants
KUALA LUMPUR (Dec 5): Human capital management solutions and technology specialist Ramssol Group Bhd has proposed a bonus issue of one warrant for every two existing shares held by shareholders.
Based on Ramssol’s 244.36 million issued shares, the exercise will involve the issuance of up to 122.18 million warrants under the minimum scenario, and 122.68 million warrants under the maximum scenario, the group said in a bourse filing.
The exercise price of the warrants has been fixed at 45 sen, which represents a premium of 16.73% over the five-day volume weighted average market price of the shares up to the last trading day preceding the latest practicable date of 38.55 sen.
Assuming full exercise of the warrants at 45 sen, the group will raise gross proceeds of RM54.98 million under the minimum Scenario, and RM55.21 million under the maximum Scenario.
Ramssol said it is exploring potential opportunities along the digital industry value chain, and would make an announcement upon any material progress.
“The digital industry is complex, and consists of ecosystems comprising data, software and hardware, experts and consultants working on these software and hardware, as well as complimentary systems such as connectivity applications and tools to enable a seamless connectivity between these digital tools and products. Such complexity presents a myriad of opportunities for digital industry players, Ramssol included,” it added.
Ramssol’s managing director and chief executive officer Datuk Seri Tan Chee Seng is the group’s largest substantial shareholder with a 30.36% stake, followed by executive director and chief operating officer Lee Miaw Lan with a 16.28% stake.
Shares of Ramssol finished unchanged at 40 sen on Monday (Dec 5), giving the group a market capitalisation of RM91.53 million.
http://www.theedgemarkets.com/article/ramssol-proposes-onefortwo-bonus-issue-warrants
Singapore Investment
-
-
-
-
QAF #80 - 2024 Annual Report3 hours ago
-
-
-
-
-
-
-
-
-
-
5 “Bank-Like Accounts” And Where They Are Now18 hours ago
-
-
Ignore the noise and be calm20 hours ago
-
-
-
-
-
Take Cash Dividends or DRIP?1 day ago
-
-
-
-
-
-
-
-
-
-
-
Quick Updates3 days ago
-
-
-
-
-
Net Worth Update Apr 20251 week ago
-
-
-
Gold on bullet train!1 week ago
-
-
-
-
Finance Investment Movement 561 week ago
-
-
-
-
-
-
-
-
FAQ on Quantitative Investing Part 22 weeks ago
-
-
-
-
-
-
-
-
US/China/SG stocks all crashed?2 weeks ago
-
Investing vs. Speculating2 weeks ago
-
-
-
-
-
-
-
Record Breaking Day of Loss3 weeks ago
-
-
-
-
Mar 2025 Portfolio3 weeks ago
-
Portfolio Summary for March 20253 weeks ago
-
-
-
Who am I?3 weeks ago
-
-
-
Portfolio (Mar 31, 2025)4 weeks ago
-
Portfolio (Mar 31, 2025)4 weeks ago
-
-
March 2025 Updates4 weeks ago
-
-
-
-
-
-
-
-
-
-
The Ultimate SG-JB Geo Arbitrage: Petrol2 months ago
-
-
-
-
-
-
-
ETF vs Mutual Fund: Which is Better?2 months ago
-
-
-
-
-
-
-
-
-
-
Arigato Everyone! A Decade of Blogging!3 months ago
-
Top 10 Highlights of 20243 months ago
-
-
2023 Trading Recap – $11,000 in profit!5 months ago
-
-
Union Square Residences6 months ago
-
-
-
-
STI ETF7 months ago
-
-
-
Unibet Casino Bonus Codes 20247 months ago
-
-
-
-
-
-
Monthly IBKR Update – June 20249 months ago
-
-
Portfolio Transactions (May 2024)10 months ago
-
-
-
-
-
Breakthroughs in portfolio :)11 months ago
-
-
-
Feb 2024 Expenditure1 year ago
-
-
-
-
-
-
-
Monthly Summary of November 20231 year ago
-
Migration of website1 year ago
-
-
-
-
-
-
-
-
-
A New Light1 year ago
-
-
-
-
-
-
2022 Thoughts, Hello 2023!2 years ago
-
Series of Defaults for Maple Finance2 years ago
-
Takeaways from “Sea Change”2 years ago
-
Greed is Coming Back2 years ago
-
-
-
-
-
-
-
-
What is Overemployment2 years ago
-
Terra Hill Condo (former Flynn Park)2 years ago
-
Alibaba VS Tencent: The Battle Royale2 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-
Home
articles
Bonus Issue
RAMSSOL
RAMSSOL 0236 RAMSSOL GROUP BERHAD proposes one-for-two bonus issue of warrants