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IBHD

0.150

-0.005 (-3.2%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING I-BERHAD ("COMPANY") RENOUNCEABLE RIGHTS ISSUE OF UP TO 795,985,581 3-YEAR REDEEMABLE CUMULATIVE CONVERTIBLE PREFERENCE SHARES (RCCPS) ON THE BASIS OF 3 RCCPS FOR EVERY 4 EXISTING I-BERHAD SHARES HELD AS AT 5:00 P.M. ON 4 NOVEMBER 2019 AT AN ISSUE PRICE OF RM0.19 PER RCCPS ("RIGHTS ISSUE")

I-BERHAD

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

RENOUNCEABLE RIGHTS ISSUE OF UP TO 795,985,581 3-YEAR REDEEMABLE CUMULATIVE CONVERTIBLE PREFERENCE SHARES (RCCPS) ON THE BASIS OF 3 RCCPS FOR EVERY 4 EXISTING I-BERHAD SHARES HELD AS AT 5:00 P.M. ON 4 NOVEMBER 2019 AT AN ISSUE PRICE OF RM0.19 PER RCCPS ("RIGHTS ISSUE")

Reference is made to the Company’s announcements dated 10 July 2019, 19 July 2019, 22 August 2019, 24 September 2019, 18 October 2019, 25 October 2019, 25 November 2019 and 2 December 2019 in relation to the Rights Issue (“Earlier Announcements”), the circular to shareholders of the Company dated 30 August 2019 (“Circular”), and abridged prospectus dated 4 November 2019 (“Abridged Prospectus”) in relation to the Rights Issue.  Unless otherwise stated, terms used in this announcement shall carry the same meaning as defined in the Earlier Announcements, the Circular and the Abridged Prospectus.

 

On behalf of the Board, AmInvestment Bank is pleased to announce that the Rights Issue has been completed today following the listing of and quotation for 795,985,581 RCCPS on the Main Market of Bursa Securities.

 

This announcement is dated 3 December 2019.






Announcement Info

Company Name I-BERHAD
Stock Name IBHD
Date Announced 03 Dec 2019
Category General Announcement for PLC
Reference Number GA1-03122019-00045