Refer back to previous post, this is expected. This is for feel 'cheap' and attract huge buyers for sellers unload.
Scientex plans one-for-one bonus issue
KUALA LUMPUR (March 22): Scientex, which has just announced a 79.2% rise in its latest quarterly net profit earlier today, is proposing a bonus issue on the basis of one bonus share for every one existing Scientex share held, on an entitlement date to be determined later.
In a bourse filing, Scientex said the exercise will involve the issuance of up to 230 million new shares to reward shareholders
Source: The Edge
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