NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING INSAS BERHAD ("INSAS" OR "COMPANY") - PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS; AND - PROPOSED AMENDMENTS TO THE CONSTITUTION OF INSAS (COLLECTIVELY, THE "PROPOSALS")
| INSAS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | INSAS BERHAD ("INSAS" OR "COMPANY")
- PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS; AND
- PROPOSED AMENDMENTS TO THE CONSTITUTION OF INSAS
(COLLECTIVELY, THE "PROPOSALS") |
|
Reference is made to the announcement dated 9 July 2020.
Kindly please find the additional information in respect of the Proposals in the attachment below.
This announcement is dated 24 July 2020. |
|
Please refer attachment below.
Announcement Info
| Company Name | INSAS BERHAD |
| Stock Name | INSAS |
| Date Announced | 24 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24072020-00042 |