MFLOUR

0.650

-0.005 (-0.8%)

Prospectus

MALAYAN FLOUR MILLS BERHAD

Subject (I) RENOUNCEABLE RIGHTS ISSUE OF UP TO RM165,085,617 IN NOMINAL VALUE OF 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM1.00 ON THE BASIS OF 3 RCULS FOR EVERY 10 EXISTING ORDINARY SHARES OF MALAYAN FLOUR MILLS BERHAD ("MFLOUR" OR "COMPANY") ("MFLOUR SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 27 DECEMBER 2018 TOGETHER WITH UP TO 82,542,808 NEW MFLOUR SHARES ("BONUS SHARES A") ON THE BASIS OF 1 BONUS SHARE A FOR EVERY 2 RCULS SUBSCRIBED AND UP TO 82,542,808 FREE DETACHABLE WARRANTS ("FREE WARRANTS A") ON THE BASIS OF 1 FREE WARRANT A FOR EVERY 2 RCULS SUBSCRIBED ("RIGHTS ISSUE OF RCULS") (II) RENOUNCEABLE RIGHTS ISSUE OF UP TO 220,114,156 NEW MFLOUR SHARES ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 5 EXISTING MFLOUR SHARES HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 27 DECEMBER 2018 TOGETHER WITH UP TO 55,028,539 NEW MFLOUR SHARES ("BONUS SHARES B") ON THE BASIS OF 1 BONUS SHARE B FOR EVERY 4 RIGHTS SHARES SUBSCRIBED AND UP TO 55,028,539 FREE DETACHABLE WARRANTS ("FREE WARRANTS B") ON THE BASIS OF 1 FREE WARRANT B FOR EVERY 4 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE ("RIGHTS ISSUE OF SHARES")


Please refer attachment below.



Announcement Info

Company Name MALAYAN FLOUR MILLS BERHAD
Stock Name MFLOUR
Date Announced 27 Dec 2018
Category Document Submission
Reference Number DCS-26122018-00008