Esthetics International Group Bhd (EIG) has announced plans to raise RM26.4 million through a rights issue sale.
EIG are hoping to release 52.8 million rights (nil paid rights shares) along with 52.8 million warrants which will be detachable (so can be trade separately).
Terms of the EIG Rights Issue
For every 5 shares held you are entitled to 2 rights and 2 warrants.
Call price is likely to be 50 sen (subject to confirmation).