Additional Listing Announcement /Subdivision of Shares
| ARB BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares |
| No. of shares issued under this corporate proposal | 100,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.2000 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 292,563,700 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 60,818,593.000 |
| Listing Date | 22 Jan 2020 |
| Remarks : |
Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant. Pursuant to Section 74 of the Companies Act, 2016, the latest share capital and number of issued shares of the Company is represented by 292,563,700 ordinary shares equivalent to RM60,818,593.00. The issued share capital of RM60,818,593.00 is inclusive of RM7,761,000 being the amount reclassification from the share premium account as at to date. |
Announcement Info
| Company Name | ARB BERHAD |
| Stock Name | ARBB |
| Date Announced | 21 Jan 2020 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-17012020-00005 |