CHHB-WB : New Warrant Undervalued amid mother share price surge

Written by Editor

The new warrant of Country Height Holdings Berhad (CHHB-WB), opened trading in Bursa Malaysia on 28 December 2018 at 43 sen but ended the first day of trade at 31 sen. This new warrant was given free to shareholders as a bonus issue on the basis of one free warrant for every two shares held.  A total of 136.78 million warrants were issue.  CHHB-WB ended trading in 2018 at 36 sen while the surging mother share closed at RM1.46 on 31 December 2018.

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