NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES VIVOCOM INTL HOLDINGS BERHAD ("VIVOCOM" OR "COMPANY") (FORMERLY KNOWN AS INSTACOM GROUP BERHAD) PROPOSED BONUS ISSUE OF UP TO 870,311,821 NEW ORDINARY SHARES OF RM0.10 EACH IN VIVOCOM ("VIVOCOM SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING VIVOCOM SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")
| VIVOCOM INTL HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | VIVOCOM INTL HOLDINGS BERHAD ("VIVOCOM" OR "COMPANY") (FORMERLY KNOWN AS INSTACOM GROUP BERHAD)
PROPOSED BONUS ISSUE OF UP TO 870,311,821 NEW ORDINARY SHARES OF RM0.10 EACH IN VIVOCOM ("VIVOCOM SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING VIVOCOM SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE") |
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On behalf of the Board of Directors of Vivocom ("Board"), RHB Investment Bank Berhad ("RHBIB") wishes to announce that the Company proposes to undertake a bonus issue of up to 870,311,821 new Vivocom Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every four (4) existing Vivocom Shares held on an entitlement date to be determined later ("Entitlement Date"). Further details on the Proposed Bonus Issue are set out in the attachment enclosed.
This announcement is dated 12 July 2016. |
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Please refer attachment below.
Announcement Info
| Company Name | VIVOCOM INTL HOLDINGS BERHAD |
| Stock Name | VIVOCOM |
| Date Announced | 12 Jul 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12072016-00040 |