Shah Alam, 23 July 2026 – Powerwell Holdings Berhad (“Powerwell” or the “Group”) has proposed a bonus issue of up to 116.1 million warrants on the basis of one warrant for every five existing shares held, rewarding shareholders while creating a potential future source of working capital for the Group.
The proposed warrants will be issued at no cost to entitled shareholders and will carry a tenure of five years. The entitlement date will be determined and announced later.
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