ARBB

0.040

(%)

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 35,968,000
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 413,097,049
Issued Share Capital ($$) Malaysian Ringgit (MYR) 84,925,262.800
Listing Date 13 Jul 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 413,097,049 ordinary shares equivalent to RM84,925,262.80.

The issued share capital of RM84,925,262.80 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 10 Jul 2020
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-09072020-00017