Bursa Announcement
Get the latest information from Bursa Malaysia here.
Date : 26 June 2014
Additional Listing Announcement
| MALAYSIAN RESOURCES CORPORATION BERHAD |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Special Issue |
| Details of corporate proposal | ACQUISITION BY MRCB OF 70% EQUITY INTEREST IN P.J SENTRAL DEVELOPMENT SDN BHD (“P.J SENTRAL”) FROM NUSA GAPURNA DEVELOPMENT SDN BHD (“NGD”) FOR A TOTAL CONSIDERATION OF RM199,000,000 WHICH WILL BE SATISFIED VIA A COMBINATION OF CASH OF RM30,348,584 AND 108,807,365 NEW MRCB SHARES AT AN ISSUE PRICE OF RM1.55 PER MRCB SHARE, TOGETHER WITH 31,087,819 CONSIDERATION WARRANTS ON THE BASIS OF TWO (2) CONSIDERATION WARRANTS FOR EVERY SEVEN (7) MRCB SHARES ISSUED (“ACQUISITION OF 70% OF P.J SENTRAL”) |
| No. of shares issued under this corporate proposal | 108,807,365 |
| Issue price per share ($$) | MYR 1.550 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 1,760,118,299 |
| Currency | MYR 1,760,118,299.000 |
| Listing Date | 27/06/2014 |
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 26 Jun 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | MR-140626-43077 |
