Additional Listing Announcement /Subdivision of Shares
Amended Announcements
Please refer to the earlier announcement reference number: ALA-30072024-00022
| MLABS SYSTEMS BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS SYSTEMS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
| No. of shares issued under this corporate proposal | 216,598,817 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.1600 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 289,069,106 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 144,704,698.220 |
| Listing Date | 01 Aug 2024 |
| Remarks : |
The issued and paid up share capital of Mlabs Systems Berhad after the Rights Issue is RM144,704,698.22. |
Announcement Info
| Company Name | MLABS SYSTEMS BERHAD |
| Stock Name | MLAB |
| Date Announced | 01 Aug 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-01082024-00008 |