BONUS ISSUE OF 96,635,887 FREE WARRANTS IN BSL CORPORATION BERHAD ("BSLCORP" OR THE "COMPANY") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN BSLCORP ("BSLCORP SHARES" OR "SHARES") HELD BY ENTITLED SHAREHOLDERS OF BSLCORP AT 5.00 P.M. ON 11 NOVEMBER 2021
SALAMThis is a typical instrument played by directors themselves (they controlled >52% shares). in order to maintain hugh discount to entice buyers to exercise and subscribe for mother share. RM0.50 x 40 millions is big money for this tiny company