BURSA ANNOUNCEMENTS

Date : 14 June 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES SUNWAY BERHAD ("SUNWAY" OR THE "COMPANY") (I) PROPOSED BONUS ISSUE OF SHARES; AND (II) PROPOSED BONUS ISSUE OF WARRANTS. (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SUNWAY BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
SUNWAY BERHAD ("SUNWAY" OR THE "COMPANY")

(I)	PROPOSED BONUS ISSUE OF SHARES; AND

(II)	PROPOSED BONUS ISSUE OF WARRANTS.

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Sunway, Kenanga Investment Bank Berhad is pleased to announce that the Company proposes to undertake the following:

 

i. Proposed bonus issue of up to 2,804,471,128 new ordinary shares in Sunway (Sunway Shares or Shares) (Bonus Shares) on the basis of four (4) Bonus Shares for every three (3) existing Sunway Shares held on an entitlement date to be determined later (Entitlement Date) (Proposed Bonus Issue of Shares); and

 

ii. Proposed bonus issue of up to 631,006,003 free warrants in Sunway (Warrants) on the basis of three (3) Warrants for every ten (10) existing Sunway Shares held on the same Entitlement Date as the Proposed Bonus Issue of Shares (Proposed Bonus Issue of Warrants).

 

(Collectively referred to as the Proposals).

 

Please refer to the attachment for further details.

 

 

This announcement is dated 14 June 2017.




Please refer attachment below.



Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 14 Jun 2017
Category General Announcement for PLC
Reference Number GA1-14062017-00022


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