News
Circular To Shareholders In Relation To The (i) Proposed Renounceable Rights Issue Of Up To 490,689,354 New Ordinary Shares Of RM0.50 Each In Rimbunan Sawit Berhad ("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 ("Proposed Bonus 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 ("Proposed IASC"); And (iv) Proposed Amendment To The Memorandum Of Association Of RSB ("Proposed Amendment")
BackJul 27, 2011
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 490,689,354 NEW ORDINARY SHARES OF RM0.50 EACH IN RIMBUNAN SAWIT BERHAD (“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 (“PROPOSED BONUS 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 (“PROPOSED IASC”); AND (IV) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF RSB (“PROPOSED AMENDMENT”) |
Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 27 Jul 2011 |
| Category | PDF Submission |
| Reference No | MM-110727-42403 |
Attachments
- RSAWIT_270711.pdf (Size: 1,180,227 bytes)