DESTINI

0.055

(%)

Circular/Notice to Shareholders

DESTINI BERHAD

Subject PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,327,063,258 NEW ORDINARY SHARES IN DESTINI BERHAD ("DESTINI" OR THE "COMPANY") ("DESTINI SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.04 PER RIGHTS SHARE, ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING DESTINI SHARE HELD, TOGETHER WITH UP TO 1,663,531,629 FREE DETACHABLE WARRANTS IN DESTINI ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS")


Please refer attachment below.



Announcement Info

Company Name DESTINI BERHAD
Stock Name DESTINI
Date Announced 08 Nov 2023
Category Document Submission
Reference Number DCS-08112023-00004