Author: kristeenawad1

Resintech Berhad (7232; RESINTC), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), has today proposed a bonus issue of up to 50,308,463 new ordinary shares on the basis of 1 bonus share for every 3 existing Resintech shares as well as a proposed bonus issue of up to 100,616,926 free warrants on the basis of 1 warrant for every 2 existing Resintech shares. Dato’ Dr. Teh Kim Poo, Managing Director of Resintech Berhad The entitlement date for the bonus issue of new ordinary shares will be determined and announced later by Resintech’s Board of Directors (“the ... Read more