KERJAYA PROSPEK GROUP BERHAD (122592 - U)
 
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INVESTOR RELATIONS   ANNOUNCEMENTS

Date: 07 June 2011

Circular/Notice to Shareholders

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE 

(I) PROPOSED SHARE CAPITAL REDUCTION BY CANCELLATION OF RM0.50 OF THE PAR VALUE OF EVERY EXISTING ORDINARY SHARE OF RM1.00 EACH IN FUTUTECH BERHAD ("FUTUTECH" OR THE "COMPANY") TO BE SET-OFF AGAINST THE ACCUMULATED LOSSES OF FUTUTECH ("PROPOSED CAPITAL REDUCTION"); AND 

(II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 82,216,898 NEW ORDINARY SHARES OF RM0.50 EACH IN FUTUTECH ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) ORDINARY SHARE OF RM0.50 EACH IN FUTUTECH FROM THE RESULTANT PROPOSED CAPITAL REDUCTION HELD ON THE ENTITLEMENT DATE TO BE DETERMINED LATER, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 30,000,000 RIGHTS SHARES, AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE

ATTACHMENT

- Fututech (6-6-2011)_1.pdf
- Fututech (6-6-2011)_2.pdf

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