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Date : 26 September 2017

MRCB - Notice of Rights Entitlement

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 and one (1) free Rights Warrant for every five (5) Rights Shares subscribed for ("Rights Issue").

Kindly be advised of the following :

1)    The Right commence of trading : 5 Oct 2017
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 6 Oct 2017
3)    The last day and time for Acceptance, Renunciation and Payment : 20 Oct 2017
4)    The Rights cessation quotation : 12 Oct 2017

The Stock Short Name, Number and ISIN Code MRCB-OR, 1651OR and MYL1651OR001

Remarks: The last date and time for acceptance and payment of the Rights Shares with Rights Warrants as well as the last date and time for excess Rights Shares with Rights Warrants application and payment may be extended as the Board of Directors of MRCB may decide in its absolute discretion and announce not less than two (2) market days before the stipulated date and time. 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 shareholders of MRCB who have a registered address in Malaysia and whose names appear in MRCBs Record of Depositors at 5.00 p.m. on 4 October 2017 ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders who have not provided a registered address in Malaysia. Entitled Shareholders without a registered address in Malaysia who wish to provide a Malaysian address should inform their respective stockbrokers to effect the change of address prior to 4 October 2017. The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action will be taken to ensure that the Rights Issue and the Documents comply with the laws of any countries or jurisdictions other than the laws of Malaysia.


Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 26 Sep 2017
Category Listing Circular
Reference Number ILC-25092017-00014