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Bursa Announcement
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Date : 03 December 2015

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 493,610,683 NEW ORDINARY SHARES OF RM1.00 EACH IN MRCB, REPRESENTING UP TO TWENTY PERCENT (20%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MRCB

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 493,610,683 NEW ORDINARY SHARES OF RM1.00 EACH IN MRCB, REPRESENTING UP TO TWENTY PERCENT (20%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MRCB

We refer to the announcements dated 16 November 2015 and 19 November 2015 in relation to the Proposed Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Private Placement.

 

On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities had vide its letter dated 2 December 2015, approved the listing of and quotation for the Placement Shares to be issued pursuant to the Proposed Private Placement, on the Main Market of Bursa Securities subject to, inter alia, the following conditions:-

 

(i)  MRCB and RHB Investment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;

 

(ii)  MRCB and RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Private Placement;

 

(iii)  MRCB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed; and

 

(iv)  MRCB is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed Private Placement.

 

 

This Announcement is dated 3 December 2015.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 03 Dec 2015
Category General Announcement for PLC
Reference Number GA1-03122015-00086