News
Additional Listing Announcement /Subdivision Of Shares
BackSep 29, 2020
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Special Issue |
| Details of corporate proposal | Conversion of Irredeemable Convertible Preference Shares |
| No. of shares issued under this corporate proposal | 623,234,792 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,041,722,343 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 807,129,190.000 |
| Listing Date | 30 Sep 2020 |
|
Remarks : |
|
The issuance of 623,234,792 new ordinary shares in Rimbunan Sawit Berhad ("RSB") ("RSB Shares") is arising from the conversion of the Irredeemable Convertible Preference Shares which was issued by RSB on 1 October 2010. The new RSB Shares are issued at no consideration. Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant. After the conversion, the total issued and paid up share capital of RM807,129,190.00 of the Company is represented by a total of 2,041,722,343 ordinary shares. |
Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 29 Sep 2020 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-23092020-00023 |