Business

Published: Monday September 24, 2012 MYT 1:43:00 PM

Palette Multimedia gets 6 more months


KUALA LUMPUR: Palette Multimedia Bhd has been given another six months to complete the implementation of the rights issue of warrants.

The company said on Monday that Bursa Malaysia Securities had approved an extension of time until April 3 to complete the corporate exercise.

The exercise involved a rights issue of 153.58 million warrants at an indicative price of 3.0 sen each on the basis of one warrant for every two shares held.

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