KUALA LUMPUR (March 2): Warrants issued by Perwaja surged at the start of trade on Friday.
At 9.01am, the warrants were up 25 sen to 25.5 sen with 490,500 units done.
The FBM KLCI advanced 1.75 points to 1,575.20. Turnover was 21.63 million shares done valued at RM12.64 million. There were 80 gainers, 47 losers and 110 stocks unchanged.
The warrants were issued on the basis of one free warrant for every two shares held as at Feb 24. The tenure of the warrants is 10 years and the strike price is RM1.
At 9.01am, the warrants were up 25 sen to 25.5 sen with 490,500 units done.
The FBM KLCI advanced 1.75 points to 1,575.20. Turnover was 21.63 million shares done valued at RM12.64 million. There were 80 gainers, 47 losers and 110 stocks unchanged.
The warrants were issued on the basis of one free warrant for every two shares held as at Feb 24. The tenure of the warrants is 10 years and the strike price is RM1.
