MULTIPLE PROPOSALS MULPHA INTERNATIONAL BHD ("MULPHA" OR THE "COMPANY") I. RIGHTS ISSUE; AND II. EXEMPTION (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

MULPHA INTERNATIONAL BERHAD

Type

Announcement

Subject

MULTIPLE PROPOSALS

Description

MULPHA INTERNATIONAL BHD ("MULPHA" OR THE "COMPANY")

I.	RIGHTS ISSUE; AND 

II.	EXEMPTION

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises.

We refer to our earlier announcements dated 9 November 2015, 25 November 2015, 29 December 2015 and 3 May 2016.

On behalf of the Board of Directors of Mulpha ("Board"), RHB Investment Bank Berhad ("RHBIB") wishes to announce that as at the close of acceptance and payment for the Rights Issue at 5.00 p.m. on 1 June 2016, the total acceptances and excess applications for the Rights Issue were 920,006,919 Rights Shares, which represents an under-subscription of 13.76% from the total number of 1,066,826,679 Rights Shares available for subscription under the Rights Issue.

The details of the acceptances and excess applications received as at the close of acceptance and payment for the Rights Issue as at 5.00 p.m. on 1 June 2016 are set out below:-

	No. of Rights Shares	%
Acceptances	880,646,256	82.55
Excess applications	39,360,663	3.69
Total acceptances and excess applications	920,006,919	86.24
Total Rights Shares available for subscription	1,066,826,679	100.00
Under-subscription	146,819,760	13.76

In view that the Rights Shares have not been fully subscribed for, the Board has resolved to allot the Rights Shares to all applicants who have applied for the excess Rights Shares in full.

The undersubscribed 146,819,760 Rights Shares have been subscribed by a substantial shareholder of Mulpha, namely MUL, pursuant to the Additional Undertaking (as defined in the Abridged Prospectus dated 17 May 2016).

This announcement is dated 8 June 2016.

Announcement Info

Company Name	MULPHA INTERNATIONAL BERHAD
Stock Name	MULPHA
Date Announced	08 Jun 2016
Category	General Announcement for PLC
Reference Number	GA1-08062016-00079