REDTONE

0.345

-0.01 (-2.8%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES REDtone DIGITAL BERHAD ("REDtone" OR "COMPANY") PROPOSED BONUS ISSUE OF WARRANTS

REDTONE DIGITAL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
REDtone DIGITAL BERHAD ("REDtone" OR "COMPANY")

PROPOSED BONUS ISSUE OF WARRANTS

We refer to the Company’s announcements dated 21 August 2025 and 29 September 2025 in relation to the proposed bonus issue of up to 386,475,942 free warrants in REDtone (“Warrants”) on the basis of one (1) Warrant for every two (2) existing ordinary shares in REDtone (“REDtone Shares”) held by the entitled shareholders of the Company whose names appear in the Company’s Record of Depositors as at the close of business on an entitlement date to be determined and announced later (“Proposed Bonus Issue”).

 

On behalf of the Board of Directors of REDtone, AmInvestment Bank Berhad (“AmIvestment Bank”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 16 October 2025, approved the following:

 

(i)         admission to the Official List and listing and quotation of up to 386,475,942 Warrants to be issued pursuant to the Proposed Bonus Issue; and

 

(ii)        listing and quotation of up to 386,475,942 new REDtone Shares to be issued arising from the exercise of the Warrants.

 

The approval granted by Bursa Securities for the above is subject to, among others, REDtone and AmInvestment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Bonus Issue.

 

This Announcement is dated 16 October 2025.






Announcement Info

Company Name REDTONE DIGITAL BERHAD
Stock Name REDTONE
Date Announced 16 Oct 2025
Category General Announcement for PLC
Reference Number GA1-16102025-00078