Announcements

Date : 26 June 2014

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES PROTASCO BERHAD (“PROTASCO” OR “COMPANY”) (I) 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 (“PRIVATE PLACEMENT”); AND (II) BONUS ISSUE OF UP TO 33,546,259 FREE WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING PROTASCO SHARES (“BONUS ISSUE OF WARRANTS”)

PROTASCO BERHAD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionPROTASCO BERHAD (“PROTASCO” OR “COMPANY”)

(I) 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 (“PRIVATE PLACEMENT”); AND

(II) BONUS ISSUE OF UP TO 33,546,259 FREE WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING PROTASCO SHARES (“BONUS ISSUE OF WARRANTS”)

This announcement is dated 26 June 2014.

Reference is made to the Company’s announcement dated 13 June 2014 in relation to the extension of time for the Private Placement and Bonus Issue of Warrants.

On behalf of the Board of Directors of Protasco, AmInvestment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad, had vide its letter dated 24 June 2014 (which was received on 26 June 2014), granted the Company up till 9 January 2015 to complete the Private Placement and Bonus Issue of Warrants. 

 



Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced26 Jun 2014  
CategoryGeneral Announcement
Reference NoMB-140626-38311

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