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New Issue of Securities (Chapter 6 of Listing Requirements) : Fund Raising

BackMar 10, 2016
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "COMPANY")

PROPOSED RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB ("MBSB SHARES" OR "SHARES") TO RAISE GROSS PROCEEDS OF UP TO RM2.00 BILLION ("PROPOSED RIGHTS ISSUE")

This announcement is dated 10 March 2016.

On behalf of the Board of Directors of MBSB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) and RHB Investment Bank Berhad (“RHB Investment Bank”) wish to announce that MBSB proposes to undertake a renounceable two-call rights issue of new MBSB Shares (“Rights Shares”) to the entitled shareholders of MBSB (“Entitled Shareholder(s)”) on a basis and issue price to be determined and announced later, to raise gross proceeds of up to RM2.00 billion (“Maximum Gross Proceeds”).

Please refer to the attachment for further details on the Proposed Rights Issue.



Please refer attachment below.

 

Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 10 Mar 2016
Category General Announcement for PLC
Reference Number GA1-10032016-00019

Attachments

  1. Announcement-_Proposed_Rights_Issue_(10_March_2016).pdf (Size: 612,493 bytes)