Additional Listing Announcement /Subdivision of Shares
| CAB CAKARAN CORPORATION BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | Acquisition by CAB Cakaran Corporation Berhad ("CAB") of a 51% equity interest in Benarlab Sdn Bhd for a purchase consideration of RM3,300,000, which will be satisfied entirely via the issuance of 7,500,000 new ordinary shares in CAB ("CAB Share(s)") ("Consideration Share(s)") at the issue price of RM0.44 per Consideration Share |
| No. of shares issued under this corporate proposal | 7,500,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.4400 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 698,008,742 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 143,979,293.310 |
| Listing Date | 21 Oct 2021 |
Announcement Info
| Company Name | CAB CAKARAN CORPORATION BERHAD |
| Stock Name | CAB |
| Date Announced | 20 Oct 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-20102021-00009 |