NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES INSTACOM GROUP BERHAD (FORMERLY KNOWN AS I-POWER BERHAD) ("INSTACOM" OR THE "COMPANY") PROPOSED BONUS ISSUE OF 351,127,130 WARRANTS IN INSTACOM ("WARRANT(S)") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN INSTACOM HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")
| INSTACOM GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | INSTACOM GROUP BERHAD (FORMERLY KNOWN AS I-POWER BERHAD) ("INSTACOM" OR THE "COMPANY") PROPOSED BONUS ISSUE OF 351,127,130 WARRANTS IN INSTACOM ("WARRANT(S)") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN INSTACOM HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS") |
On behalf of the Board of Directors of Instacom, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake bonus issue of 351,127,130 Warrants in Instacom on the basis of one (1) free Warrant for every two (2) existing ordinary shares of RM0.10 each in Instacom held on an entitlement date to be determined later. Further details of the Proposed Bonus Issue of Warrants are set out in the ensuing sections. This announcement is dated 12 June 2013. | |
Announcement Info
| Company Name | INSTACOM GROUP BERHAD (ACE Market) |
| Stock Name | INSTACO |
| Date Announced | 12 Jun 2013 |
| Category | General Announcement |
| Reference No | MI-130612-58289 |