-+ 0.00%
-+ 0.00%
-+ 0.00%

Vetece Proposes Bonus Issue of Up to 130,666,666 Warrants on 1-for-3 Basis

PUBT·11/02/2026 10:15:10
Listen to the news
Vetece Proposes Bonus Issue of Up to 130,666,666 Warrants on 1-for-3 Basis
  • Vetece Holdings will seek shareholder approval at an extraordinary general meeting for a bonus issue of up to 130,666,666 warrants.
  • Shareholders would receive one free warrant for every three existing shares; the warrants would have a five-year term.
  • A proposed employees' share option scheme would cover up to 10% of issued ordinary shares, excluding treasury shares.
  • Separate votes will cover allocations to Tee Chee Chiang and Chan Wai Hoong, each capped at 10% of total scheme options.
  • The board, excluding interested directors on the scheme and their allocations, considers the proposals in the company's best interest.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vetece Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721439) on November 02, 2026, and is solely responsible for the information contained therein.