China Motion Telecom International has announced a plan to issue 30.3 million bonus warrants. Shareholders will be entitled to 10 bonus warrants for each share they hold in the company. Each warrant will become convertible into a new share at a date to be announced. CM Telecom, which is listed in both Hong Kong and Singapore, said it had applied to the Stock Exchange of Singapore (SES) to list the warrants. The company is planning to convene a shareholders' meeting to seek approval to make the warrant issue. CM Telecom is a diversified mainland telecoms company that installs paging networks and sells related hardware and software.