Additional Listing Announcement /Subdivision of Shares
| MALAYSIA STEEL WORKS (KL) BHD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF UP TO 42,500,000 NEW ORDINARY SHARES IN MALAYSIA STEEL WORKS (KL) BHD ("MASTEEL") ("MASTEEL SHARE(S)" OR "SHARE(S)"), REPRESENTING UP TO APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MASTEEL (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 950,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.3530 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 452,739,831 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 239,942,515.000 |
| Listing Date | 14 Feb 2020 |
| Remarks : |
The issued share capital is inclusive of 1,675,000 treasury shares |
Announcement Info
| Company Name | MALAYSIA STEEL WORKS (KL) BHD |
| Stock Name | MASTEEL |
| Date Announced | 13 Feb 2020 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-13022020-00010 |