To start with the issue of the warrant had just being proposed. 1 warrant for every 8 shares at 0.10 and no other detail had being announce yet.
If I am you I will not worry too much on this issue yet, since you don't know the strike price and the x date.
One think you need to be aware that if you are holding this share and you intend to pick up the warrant later your share should be in multiple of 800 to avoid having an odd lot for your warrant right.
If you are holding the share at the x date a letter will be send to you by the share registrar explaining you the right and how to go about excising it.
Before that just be happy and stop worrying.

How come the price still hanging there? Is it suppose to worth rm 3.80?

i sold it today at rm 2.90. Fed up of holding construction stocks, thought reserve the money for new ipo ...then it close at 2.93 . I was holding 10,000 share....

What to do? Should wait for the dividend ex date instead.

It will reach 2.70+ soon. It is a good stock to hold but entry price is important too for more profit faster.