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MBSB (1171)

New Issue Of Securities (Chapter 6 Of Listing Requirements):Combination Of New Issue Of Securities

BackNov 19, 2013
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description MALAYSIA BUILDING SOCIETY BERHAD (“MBSB” OR “COMPANY”)

(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB (“MBSB SHARES”) TO RAISE GROSS PROCEEDS OF UP TO RM1.47 BILLION; AND

(II) PROPOSED DIVIDEND REINVESTMENT PLAN THAT GIVES SHAREHOLDERS OF MBSB THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW MBSB SHARES

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)
Reference is made to the Company’s announcements dated 10 October 2013 and 25 October 2013 in relation to the Proposals (“Earlier Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.
On behalf of the Board of Directors of MBSB, AmInvestment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 18 November 2013, granted its approval for the following in respect of the Proposed Rights Issue:-

(a) the listing of the Rights Shares; (b) the listing of and quotation for the new additional warrants arising from the adjustment to the number of the outstanding warrants of MBSB pursuant to the deed poll dated 21 April 2011 (“Additional Warrants”); and

(c) the listing of and quotation for the new MBSB Shares to be issued upon exercise of the Additional Warrants.

This announcement is dated 19 November 2013.

 


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB    
Date Announced 19 Nov 2013  
Category General Announcement
Reference No MB-131119-61262