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 920,000
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 607,372,400
Issued Share Capital ($$) Malaysian Ringgit (MYR) 123,780,333.000
Listing Date 18 May 2021


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 607,372,400 ordinary shares equivalent to RM123,780,333.00.

The issued share capital of RM123,780,333.00. is inclusive of RM7,761,000 being the amount reclassification from the share premium account as of to date.


Announcement Info

Company Name ARB BERHAD
Stock Name ARBB
Date Announced 17 May 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-07052021-00016