Circular/Notice to Shareholders
PROTASCO BERHAD |
Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO:- (A) PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO SUN ROCK DEVELOPMENT SDN BHD, A 64%-OWNED SUBSIDIARY OF PROTASCO BERHAD ("PROTASCO") (B) PROPOSED PRIVATE PLACEMENT OF UP TO 50,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PROTASCO ("PROTASCO SHARES") ("PLACEMENT SHARES") TOGETHER WITH UP TO 100,000,000 NEW DETACHABLE WARRANTS ON THE BASIS OF TWO (2) WARRANTS FOR EVERY ONE (1) PLACEMENT SHARE; AND (C) PROPOSED BONUS ISSUE OF UP TO 33,546,259 FREE WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING PROTASCO SHARES |
Announcement Info
Company Name | PROTASCO BERHAD |
Stock Name | PRTASCO |
Date Announced | 15 Jan 2014 |
Category | PDF Submission |
Reference No | MB-140115-37722 |