Date : 18 September 2014

OTHERS MULPHA INTERNATIONAL BHD (“MIB”) - Issuance of US$90,000,000 Nominal Amount of Fixed Rate Notes Due 2016 by Mulpha SPV Limited, a wholly-owned subsidiary of MIB (“Issuance of Notes”)

MULPHA INTERNATIONAL BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionMULPHA INTERNATIONAL BHD (“MIB”)
- Issuance of US$90,000,000 Nominal Amount of Fixed Rate Notes Due 2016 by Mulpha SPV Limited, a wholly-owned subsidiary of MIB (“Issuance of Notes”)

We refer to our announcement dated 5 September 2014 in relation to the Issuance of Notes, and wish to furnish the following additional information on the effects of the Issuance of Notes on gearing and earnings per share:-

1.        Gearing 

      Based on the latest audited consolidated financial statements for the financial year ended 31 December 2013 and assuming that the Issuance of Notes had been effected at the end of that financial year, the net gearing (after cash and cash equivalents) would increase from RM963.5 million to RM1.05 billion. 

2.       Earnings Per Share

Based on the net increase of borrowing of US$25 million, the effect on earnings per share for the financial year ending 31 December 2014 is a loss per share of 0.09 sen.     

This announcement is dated 18 September 2014.

 

 

 



Announcement Info

Company NameMULPHA INTERNATIONAL BERHAD  
Stock Name MULPHA    
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140918-2AEF9

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