Circular/Notice to Shareholders
| ZECON BERHAD |
| Subject | ZECON BERHAD i. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 576,473,700 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ZECON BERHAD ("ZECON" OR THE "COMPANY") ("ICPS") ON THE BASIS OF 4 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE IN ZECON HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER AT AN ISSUE PRICE OF RM0.08 PER ICPS; II. PROPOSED AMENDMENTS TO THE CONSTITUTION OF THE COMPANY TO FACILITATE THE PROPOSED RIGHTS ISSUE OF ICPS; AND III. PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF ZECON (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME |
Please refer attachment below.
Announcement Info
| Company Name | ZECON BERHAD |
| Stock Name | ZECON |
| Date Announced | 24 Jun 2020 |
| Category | Document Submission |
| Reference Number | DCS-24062020-00007 |