Bursa Announcements
Date : 27 December 2002
Collectively referred to as "Proposals".
Kindly be advised that FBO’s entire issued and paid-up share capital comprising 412,026,304 ordinary shares of RM1.00 each, 37,655,072 Warrants and RM37,655,072 nominal value of RCLS arising from the aforesaid Proposals, will be admitted to the Official List of the Exchange, in place of AUSAMAL.
The listing and quotation of FBO's ordinary shares and Warrants and RCLS on the Main Board under the "Property" and "Loans" sectors respectively, on a "Ready" basis pursuant to the Rules of the Exchange, will be granted with effect from 9.00 a.m, Monday, 30 December 2002
The Stock Short Name, Stock Number and ISIN Code of FBO’s ordinary shares, Warrants and RCLS are as follows:
The reference price for FBO’s ordinary shares is RM1.00 and the trading limit will be 500%.
The principle features of the Warrants and RCLS are as follows:-
Warrants
Exercise Price : RM1.00
Exercise Period : Period commencing from and including the day of listing of the Warrants (i.e. 30 December 2002) up to 5.00 p.m. on the maturity date of the Warrants (i.e. 19 December 2005)
RCLS
Redeemability : Bullet redemption at principal amount of RM37,655,072 on maturity date of the RCLS (i.e. 19 December 2005). At the option of FBO, the RCLS may be redeemed earlier during the tenure of the RCLS anytime after the issue date (i.e. 20 December 2002) up to and including the maturity date of the RCLS (i.e. 19 December 2005)
Conversion period : On maturity date of the RCLS (i.e. 19 December 2005) unless the RCLS is redeemed earlier
Conversion price : RM1.00 to be satisfied by tendering RM1.00 nominal value of RCLS for one (1) new ordinary share in FBO.
Kindly be advised that the ordinary shares, Warrants and RCLS of FBO are prescribed securities. Dealings in the aforesaid securities should be carried out in accordance with Securities Industry (Central Depositories) Act, 1991 and the Rules of Malaysian Central Depository Sdn Bhd.
Kindly also be reminded that only "free securities" can be utilised for settlement of trades involving the aforesaid ordinary shares, Warrants and RCLS.
AUSAMAL-(I) DELISTING OF AUSAMAL (II) ADMISSION OF FURQAN BUSINESS ORGANISATION BERHAD("FBO") TO THE OFFICIAL LIST IN PLACE OF AUSAMAL
| AUSTRAL AMALGAMATED BERHAD |
LISTING'S CIRCULAR NO. L/Q : 16127 OF 2002
AUSAMAL-(I) DELISTING OF AUSAMAL
(II) ADMISSION OF FURQAN BUSINESS ORGANISATION BERHAD ("FBO") TO THE OFFICIAL LIST IN PLACE OF AUSAMAL
AUSAMAL has undertaken the following proposals:-
(i) Proposed capital reduction of AUSAMAL’s existing issued and paid-up share capital of RM188,275,313 comprising 188,275,313 ordinary shares of RM1.00 each to RM9,413,766 comprising 188,275,313 ordinary shares of RM0.05 each, which shall then be consolidated into 9,413,766 ordinary shares of RM1.00 each on the basis of every twenty (20) ordinary shares of RM0.05 each shall constitute one (1) ordinary share of RM1.00 par value ("Proposed Capital Reduction");
Collectively referred to as "Proposals".
Kindly be advised that FBO’s entire issued and paid-up share capital comprising 412,026,304 ordinary shares of RM1.00 each, 37,655,072 Warrants and RM37,655,072 nominal value of RCLS arising from the aforesaid Proposals, will be admitted to the Official List of the Exchange, in place of AUSAMAL.
The listing and quotation of FBO's ordinary shares and Warrants and RCLS on the Main Board under the "Property" and "Loans" sectors respectively, on a "Ready" basis pursuant to the Rules of the Exchange, will be granted with effect from 9.00 a.m, Monday, 30 December 2002
The Stock Short Name, Stock Number and ISIN Code of FBO’s ordinary shares, Warrants and RCLS are as follows:
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The reference price for FBO’s ordinary shares is RM1.00 and the trading limit will be 500%.
The principle features of the Warrants and RCLS are as follows:-
Warrants
Exercise Price : RM1.00
Exercise Period : Period commencing from and including the day of listing of the Warrants (i.e. 30 December 2002) up to 5.00 p.m. on the maturity date of the Warrants (i.e. 19 December 2005)
RCLS
Redeemability : Bullet redemption at principal amount of RM37,655,072 on maturity date of the RCLS (i.e. 19 December 2005). At the option of FBO, the RCLS may be redeemed earlier during the tenure of the RCLS anytime after the issue date (i.e. 20 December 2002) up to and including the maturity date of the RCLS (i.e. 19 December 2005)
Conversion period : On maturity date of the RCLS (i.e. 19 December 2005) unless the RCLS is redeemed earlier
Conversion price : RM1.00 to be satisfied by tendering RM1.00 nominal value of RCLS for one (1) new ordinary share in FBO.
Kindly be advised that the ordinary shares, Warrants and RCLS of FBO are prescribed securities. Dealings in the aforesaid securities should be carried out in accordance with Securities Industry (Central Depositories) Act, 1991 and the Rules of Malaysian Central Depository Sdn Bhd.
Kindly also be reminded that only "free securities" can be utilised for settlement of trades involving the aforesaid ordinary shares, Warrants and RCLS.
Announcement Info
| Company Name | AUSTRAL AMALGAMATED BERHAD |
| Stock Name | AUSAMAL |
| Date Announced | 27 Dec 2002 |
| Category | Listing Circular |
| Reference No | KM-021224-53345 |
