OTHERS MULPHA INTERNATIONAL BHD ("MIB") UNCONDITIONAL AND IRREVOCABLE UNDERTAKING TO FULLY SUBSCRIBE FOR MIB'S OWN ENTITLEMENT UNDER THE RIGHTS ISSUE PROPOSED BY MULPHA LAND BERHAD ("MLB"), ITS 70.54%-OWNED SUBSIDIARY, AND TO FULLY SUBSCRIBE FOR ALL RIGHTS SHARES NOT SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF MLB ("UNDERTAKING")
| MULPHA INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | MULPHA INTERNATIONAL BHD ("MIB") UNCONDITIONAL AND IRREVOCABLE UNDERTAKING TO FULLY SUBSCRIBE FOR MIB'S OWN ENTITLEMENT UNDER THE RIGHTS ISSUE PROPOSED BY MULPHA LAND BERHAD ("MLB"), ITS 70.54%-OWNED SUBSIDIARY, AND TO FULLY SUBSCRIBE FOR ALL RIGHTS SHARES NOT SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF MLB ("UNDERTAKING") |
The Board of Directors wishes to announce that MIB has given an unconditional and irrevocable undertaking to fully subscribe for MIB's own entitlement under the rights issue proposed by MLB, its 70.54%-owned subsidiary, and to fully subscribe for all rights shares not subscribed by the entitled shareholders of MLB. The details of the above announcement are set out in the attachment. This announcement is dated 4th May 2011. | |
Announcement Info
| Company Name | MULPHA INTERNATIONAL BERHAD |
| Stock Name | MULPHA |
| Date Announced | 4 May 2011 |
| Category | General Announcement |
| Reference No | MI-110504-35413 |
