1. Details of Corporate Proposal |
Whether the corporate proposal involves the issuance of new type
and new class of securities? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | Renounceable rights issue of up to 82,216,898 new ordinary shares of RM0.50 each in Fututech Berhad (“Rights Shares”) on the basis of one (1) Rights Share for every one (1) ordinary share of RM0.50 each in Fututech after the capital reduction exercise, based on a minimum subscription level of 30,000,000 Rights Shares, at an issue price of RM0.50 per Rights Share. |
| No. of shares issued under this corporate proposal | 32,010,653 |
| Issue price per share ($$) | MYR 0.500 |
| Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following |
| Units | 90,737,009 |
| Currency | MYR 45,368,504.500 |
| Listing Date | 15/09/2011 |
