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LAMBO-WB: Theoretically Inexpensive

The new warrant of Lambo Group Berhad (LAMBO-WB) made its debut on 7th May 2019.  The warrant was given free to shareholders of Lambo Group via a bonus issue of warrants on the basis of one free warrant for every two shares held on the entitlement date of 24thApril 2019.  A total of 1.051 billion warrants were issue and LAMBO-WB ended its first day of trade at 2.5 sen.  Lambo Group’s mother share closed at 9 sen on 7th May.

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