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

BackJul 29, 2016

Type


Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 2,899,387,079 NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB ("MBSB SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING MBSB SHARE HELD AS AT 5.00 P.M. ON 24 JUNE 2016 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.59 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.41 IS TO BE CAPITALISED FROM MBSB'S SHARE PREMIUM ACCOUNT ("RIGHTS ISSUE")

Reference is made to the announcement dated 10 March 2016 (“Initial Announcement”) and the subsequent announcements thereafter (“Announcements”), the circular dated 20 April 2016 (“Circular”) and abridged prospectus dated 24 June 2016 (“Abridged Prospectus”) in relation to the Rights Issue. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements, Circular and Abridged Prospectus.

On behalf of the Board, the Joint Advisers are pleased to announce that the Rights Issue has been completed today following the listing of and quotation for 2,899,387,079 Rights Shares on the Main Market of Bursa Securities.

This announcement is dated 29 July 2016.

 





Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 29 Jul 2016
Category General Announcement for PLC
Reference Number GA1-28072016-00108