Date : 25 September 2017

MRCB - Notice of Rights Entitlement (Ratio)

MALAYSIAN RESOURCES CORPORATION BERHAD

Renounceable rights issue of up to 2,853,777,024 new ordinary shares in Malaysian Resources Corporation Berhad ("MRCB") ("MRCB Shares") ("Rights Shares") at an issue price of RM0.79 per Rights Share, together with up to 570,755,405 free detachable warrants ("Rights Warrants"), on the basis of one (1) Rights Share for every one (1) existing MRCB Share held by the entitled shareholders as at 5.00 p.m. on 4 October 2017 ("Entitlement Date") and one (1) free Rights Warrant for every five (5) Rights Shares subscribed for ("Rights Issue").

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “Ex-Rights Issue” as from: 2 Oct 2017
2)    The last date of lodgment : 4 Oct 2017
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
       a)    Selling Broker to deduct<1/2>, of Selling Price against the Selling Client
       b)    Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
       c)    Between Broker and Broker, the deduction of <1/2>, of the Transacted Price is applicable.

Remarks: The Rights Shares with Rights Warrants shall be provisionally allotted to the shareholders of MRCB whose names appear in the Record of Depositors of MRCB on the Entitlement Date ("Entitled Shareholders"). The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form in relation to the Rights Issue (collectively referred to as "Documents"), will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date at their registered address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by the Entitlement Date. The Documents will not be despatched to Entitled Shareholders who have not provided a registered address in Malaysia. The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue and the Documents comply with the laws of countries or jurisdictions other than the laws of Malaysia.

 


Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 25 Sep 2017
Category Listing Circular
Reference Number ILC-25092017-00013