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Renounceable Rights Issue of 506,424,813 New Ordinary Shares of RM1.00 each In MBSB ("MBSB Shares") ("Rights Shares") at An issue Price of RM1.00 for Each Rights Share On The Basis of 5 Rights Shares For Every 7 Existing MBSB Shares Held At 5.00 P.M. on 6 May 2011 Together with 506,424,813 Free Detachable Warrants ("Warrants") On The Basis Of 1 Warrant For Every 1 Rights Share Subscribed ("Rights Issue With Warrants")

BackJun 06, 2011
Date Announced
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06/06/2011

 

Subject
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MBSB-RENOUNCEABLE RIGHTS ISSUE OF 506,424,813 NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB (“MBSB SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.00 FOR EACH RIGHTS SHARE ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 7 EXISTING MBSB SHARES HELD AT 5.00 P.M. ON 6 MAY 2011TOGETHER WITH 506,424,813 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED (“RIGHTS ISSUE WITH WARRANTS”)

Contents
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Kindly be advised that MBSB’s additional 506,424,813 new ordinary shares of RM1.00 each issued pursuant to the Rights Issue With Warrants will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 7 June 2011.

We are also pleased to advise that MBSB’s 506,424,813 Warrants issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of the Warrants on the Main Market will be granted with effect from 9.00 a.m., Tuesday, 7 June 2011.

The Stock Short Name, Stock Number and ISIN Code of the Warrants are "MBSB-WA", "1171WA" and "MYL1171WAQ59" respectively.