IBHD

0.240

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING I-BERHAD ("COMPANY") (I) PROPOSED RIGHTS ISSUE; AND (II) PROPOSED CONSTITUTION AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

I-BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
I-BERHAD ("COMPANY")

(I)	PROPOSED RIGHTS ISSUE; AND

(II)	PROPOSED CONSTITUTION AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Reference is made to the Company’s announcements dated 10 July 2019, 19 July 2019, 22 August 2019, 24 September 2019 and 18 October 2019 in relation to the Proposals (“Earlier Announcements”) and the circular to shareholders of the Company dated 30 August 2019 (“Circular”).  Unless otherwise stated, terms used in this announcement shall carry the same meaning as defined in the Earlier Announcements and/or the Circular.

 

On behalf of the Board, AmInvestment Bank wishes to announce that conversion price of the existing RCULS-A and RCULS-B will be adjusted as follows pursuant to the Deed Polls dated 18 August 2014 (and supplemented by supplemental Deed Polls dated 16 August 2019) governing the RCULS-A and RCULS-B respectively as a result of the Rights Issue.

 

Conversion Price

Existing

After the Adjustment

RCULS-A

RM0.84

RM0.71

RCULS-B

RM0.71

RM0.60

 

The adjusted conversion price will be effective on 5 November 2019, which is the day after the Entitlement Date of the Rights Issue.

 

This announcement is dated 25 October 2019.






Announcement Info

Company Name I-BERHAD
Stock Name IBHD
Date Announced 25 Oct 2019
Category General Announcement for PLC
Reference Number GA1-25102019-00013