BURSA ANNOUCEMENTS

Date : 04 November 2015

Additional Listing Announcement

INSTACOM GROUP BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Acquisitions
Details of corporate proposal Acquisition by Instacom Group Berhad ("Instacom") of 5,300,000 ordinary shares of RM1.00 each in Neata Aluminium (Malaysia) Sdn Bhd ("Neata"), representing approximately 43.6% of the equity interest in Neata for a purchase consideration of RM73.58 million, to be fully satisfied via a combination of the issuance of new ordinary shares of RM0.10 each in Instacom ("Instacom Shares") at the issue price of RM0.10 per Instacom Share and cash payment of RM13.00 million
No. of shares issued under this corporate proposal 605,840,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.1000
Par Value ($$) Malaysian Ringgit (MYR)   0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units 1,906,639,852
Currency Malaysian Ringgit (MYR) 190,663,985.200
Listing Date 05 Nov 2015



Announcement Info

Company Name INSTACOM GROUP BERHAD
Stock Name INSTACO
Date Announced 04 Nov 2015
Category Additional Listing Announcement
Reference Number ALA-03112015-00007


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