News
New Issue Of Securities (Chapter 6 Of Listing Requirements):Fund Raising
| Type | Announcement | |||||||||||||||
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
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| Description | RIMBUNAN SAWIT BERHAD (“RSB”) 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 AT 5.00 P.M. ON 26 SEPTEMBER 2011, AT AN ISSUE PRICE OF RM0.80 PER RIGHTS SHARE (“RIGHTS ISSUE”) |
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Further to the announcement dated 26 September 2011, CIMB Investment Bank Berhad, on behalf of RSB, wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue at 5.00 p.m. on 13 October 2011 (“Closing Date”), RSB had received valid acceptances and excess applications for a total of 532,158,065 Rights Shares. This represents a subscription level of 108.5% of the total number of Rights Shares available under the Rights Issue. Details of valid acceptances and excess applications received as at the Closing Date are as follows:
Accordingly, 4,903,195 excess Rights Shares will be allotted pursuant to excess applications in accordance with the basis as stated in the Abridged Prospectus dated 26 September 2011 in relation to the Rights Issue. The Rights Shares are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 27 October 2011. This announcement is dated 19 October 2011 |
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Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 19 Oct 2011 |
| Category | General Announcement |
| Reference No | MM-111019-55428 |