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Wan Kok kin asked 5 years ago

The company have been suffered a drastic reduction of profit in this recent year ( especially this quarter) . But why the company want to issue bonus share and warrant (1 to 5 ) at this moment? The company want to support the price or what ? Is there any conspiracy behind the move?

1 Answers
Victor Chng answered 5 years ago

Hi Kok Kin,
There is no effect on bonus share issue for the company. Even after issuing bonus the market capitalisation of the company is still the same. I don;t see any conspiracy behind the move.