KLSE:OASIS

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Oasis Harvest to List 74 Million Rights Shares on Sept. 14

Oasis Harvest (KLSE:OASIS) said 73.6 million rights shares issued under its rights issue with warrants will be listed and quoted on Bursa Malaysia's Main Market on Sept. 14.The rights issue was priced at 0.10 ringgit per share, based on one rights share for every two existing shares, with one free detachable Warrant C attached to each rights share, according to a Thursday filing.The 73.6 million Warrants C will also be admitted to the official list and quoted on the main market from the same time.

KLSE:OASIS

Asia28d ago

Oasis Harvest Commences Renouncable Rights Issue

Oasis Harvest (KLSE:OASIS) began its renounceable rights issue of up to 73.6 million new shares at 0.10 ringgit each, with the entitlement date set for Wednesday, according to a same-day Malaysian bourse filing.The issue is offered on a one-for-two basis and comes with up to 73.6 million free detachable warrants, with one warrant for each rights share subscribed.The rights issue, first proposed in April to raise up to 7.4 million ringgit, is aimed at supporting the company's expansion plans.

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