Announcements

Date : 12 December 2014

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES PROTASCO BERHAD (“PROTASCO” OR “COMPANY”) (I) PRIVATE PLACEMENT OF UP TO 50,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PROTASCO (“PROTASCO SHARES”) (“PLACEMENT SHARES”) TOGETHER WITH UP TO 100,000,000 NEW DETACHABLE WARRANTS ON THE BASIS OF TWO (2) WARRANTS FOR EVERY ONE (1) PLACEMENT SHARE (“PRIVATE PLACEMENT”); AND (II) BONUS ISSUE OF UP TO 33,546,259 FREE WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING PROTASCO SHARES (“BONUS ISSUE OF WARRANTS”)

PROTASCO BERHAD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionPROTASCO BERHAD (“PROTASCO” OR “COMPANY”)

(I) PRIVATE PLACEMENT OF UP TO 50,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PROTASCO (“PROTASCO SHARES”) (“PLACEMENT SHARES”) TOGETHER WITH UP TO 100,000,000 NEW DETACHABLE WARRANTS ON THE BASIS OF TWO (2) WARRANTS FOR EVERY ONE (1) PLACEMENT SHARE (“PRIVATE PLACEMENT”); AND

(II) BONUS ISSUE OF UP TO 33,546,259 FREE WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING PROTASCO SHARES (“BONUS ISSUE OF WARRANTS”)

This announcement is dated 12 December 2014.

Reference is made to the Company’s announcements dated 12 December 2013, 13 December 2013, 13 January 2014, 30 January 2014, 13 June 2014 and 26 June 2014.

On behalf of the Board of Directors of Protasco, AmInvestment Bank Berhad wishes to announce that the Company has decided to abort the Private Placement and Bonus Issue of Warrants.



Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced12 Dec 2014  
CategoryGeneral Announcement
Reference NoMB-141212-60733

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