Gabungan AQRS proposes 1-for-4 bonus issue of Warrants B

KUALA LUMPUR (June 26): Gabungan AQRS Bhd has proposed to undertake a bonus issue of Warrants B on the basis of one Warrant B for every four existing shares held to reward existing shareholders and to raise additional working capital, when Warrants B are exercised in future.

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MBSB still has RM1b conventional assets to be converted

KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.

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