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Bursa Announcements

Bursa Announcements

Date : 18 April 2013

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES TH PLANTATIONS BERHAD (“THP” OR THE “COMPANY”) PROPOSED BONUS ISSUE OF UP TO 149,730,395 NEW ORDINARY SHARES OF RM0.50 EACH IN THP (“THP SHARES”) (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING THP SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”)

TH PLANTATIONS BERHAD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionTH PLANTATIONS BERHAD (“THP” OR THE “COMPANY”)

PROPOSED BONUS ISSUE OF UP TO 149,730,395 NEW ORDINARY SHARES OF RM0.50 EACH IN THP (“THP SHARES”) (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING THP SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”)

We refer to the announcements dated 10 April 2013 and 12 April 2013 in relation to the Proposed Bonus Issue.  

On behalf of the Board of Directors of THP, RHB Investment Bank Berhad (“RHB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 17 April 2013 resolved to approve the following:-

(i)    Waiver sought for Item 12 of Part A of Annexure PN28-B of the Main Market Listing Requirements of Bursa Securities (“MMLR”) in relation to the Listing Application;

(ii)    Listing of and quotation for up to 149,730,395 Bonus Shares to be issued pursuant to the Proposed Bonus Issue, subject to the following conditions:-

(a)    THP and RHB must fully comply with the relevant provisions under the MMLR pertaining to the implementation of the Proposed Bonus Issue;

(b)    THP and RHB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(c)    THP to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed;

(d)    THP and RHB are required to make the relevant announcements on the Proposed Bonus Issue pursuant to Paragraph 6.35(2)(a) and (b) and 6.35(4) of the MMLR; and

(e)    THP to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed Bonus Issue.

This announcement is dated 18 April 2013.



Announcement Info

Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT    
Date Announced18 Apr 2013  
CategoryGeneral Announcement
Reference NoMI-130418-65341

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