Newsroom
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | MALAYSIA BUILDING SOCIETY BERHAD (“MBSB” OR “COMPANY”) - RENOUNCEABLE RIGHTS ISSUE OF UP TO 889,807,870 NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB (“MBSB SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING MBSB SHARES HELD ON THE ENTITLEMENT DATE AT AN ISSUE PRICE OF RM1.65 PER RIGHTS SHARE (“RIGHTS ISSUE”) |
This announcement is dated 29 January 2014.
Reference is made to the Company’s earlier announcements, Circular dated 25 November 2013, Abridged Prospectus dated 26 December 2013 and notice to the holders of Warrants dated 13 January 2014 in relation to the Rights Issue (collectively referred to as “Documents”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Documents. On behalf of the Board of Directors of MBSB, AmInvestment Bank Berhad wishes to announce that the Rights Issue has been completed today with the listing of 873,929,354 Rights Shares on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 29 January 2014, raising gross proceeds of approximately RM1.44 billion. In addition, 2,559,074 Additional Warrants pursuant to the adjustment made to the outstanding warrants 2011/2016 as specified in the deed poll dated 21 April 2011 of MBSB, have also been listed on the Main Market of Bursa Securities today. |
Company Name | MALAYSIA BUILDING SOCIETY BERHAD |
Stock Name | MBSB |
Date Announced | 29 Jan 2014 |
Category | General Announcement |
Reference No | MB-140129-35001 |