Penang-based PVC products manufacturer, Tek Seng Holdings has proposed a bonus issue of up to 120 million free warrants on the basis of one free warrant for every two existing Tek Seng shares.<br /><br />In a filing with Bursa Malaysia today, the company said the exercise price of the warrants will be pegged at 25 sen per warrant, being the par value of Tek Seng shares.<br /><br />Astro AWANI LIVE http://www.astroawani.com/videos/live<br />Subscibe to NJOI AWANI https://www.youtube.com/njoiawani<br />Follow us on Website http://www.astroawani.com<br />Like us on Facebook https://www.facebook.com/astroawani<br />Follow us on Twitter https://twitter.com/501Awani<br />Follow us on Instagram http://instagram.com/501awani