News
New Issue Of Securities (Chapter 6 Of Listing Requirements):Combination Of New Issue Of Securities
BackMay 27, 2011
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description | RIMBUNAN SAWIT BERHAD (“RSB” OR “COMPANY”) (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 490,689,354 NEW ORDINARY SHARES OF RM0.50 EACH IN RSB (“RIGHTS SHARES”) ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING ORDINARY SHARE OF RM0.50 EACH HELD IN RSB (“SHARE”) (“PROPOSED RIGHTS ISSUE”); (II) PROPOSED BONUS ISSUE OF UP TO 654,252,472 NEW SHARES (“BONUS SHARES”) ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 SHARE HELD AFTER THE PROPOSED RIGHTS ISSUE; (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF RSB FROM RM500,000,000 COMPRISING 700,000,000 SHARES AND 300,000,000 IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.50 EACH (“ICPS”) TO RM1,250,000,000 COMPRISING 2,200,000,000 SHARES AND 300,000,000 ICPS; AND (IV) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF RSB (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
On behalf of RSB, CIMB Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposals. Further details of the Proposals are set out in the attachment to this announcement. This announcement is dated 27 May 2011. |
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Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 27 May 2011 |
| Category | General Announcement |
| Reference No | MM-110527-63004 |
Attachments
- RSAWIT_270511.pdf (Size: 182,991 bytes)