MRCB - Home

Bursa Announcement
Get the latest information from Bursa Malaysia here.
Date : 23 June 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR THE "COMPANY") PROPOSED RIGHTS ISSUE

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 RIGHTS ISSUE

We refer to the announcements dated 17 May 2017 and 22 June 2017 in relation to the Proposed Rights Issue. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Rights Issue.

 

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 23 June 2017, submitted an application to Bursa Securities in respect of the following:-

 

(i) the admission of the Rights Warrants to the Official List of Bursa Securities; and

 

(ii) the listing of and quotation for:-

 

      (a) up to 2,857,198,698 Rights Shares and up to 571,439,740 Rights Warrants to be issued pursuant to the Proposed Rights Issue;

 

      (b) up to 571,439,740 new Shares to be issued arising from the exercise of the Rights Warrants;

 

      (c) up to 278,819,965 additional Warrants A to be issued pursuant to the adjustments under the deed poll dated 22 August 2013 constituting the Warrants A as a result of the                    Proposed Rights Issue; and

 

      (d) up to 278,819,965 new Shares to be issued arising from the exercise of the additional Warrants A,

 

on the Main Market of Bursa Securities.

 

 

For information purposes, the additional number of Warrants A to be issued pursuant to the adjustments under the Warrants A Deed Poll as a result of the Proposed Rights Issue cannot be determined at this juncture as it is dependent on, among others, the Issue Price. The final adjustments to the Warrants A will be determined in accordance with the Warrants A Deed Poll.

 

 

This Announcement is dated 23 June 2017.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 23 Jun 2017
Category General Announcement for PLC
Reference Number GA1-23062017-00069