Renounceable rights issue of up to 233,249,942 New ordinary shares of RM0.50 each in salcon with Up To 116,624,971 Free Detachable Warrants, On The Basis of two (2) Rights shares with One (1) Warrant For Every Two (2) Existing Ordinary Shares Of RM0.50 Each Held In Salcon ("Rights Issue With Warrants")
BackApr 12, 2007
| General Announcement |
| Reference No MM-070412-64198 |
| Submitting Merchant Bank |
:
|
MIMB INVESTMENT BANK BERHAD |
| Company Name |
:
|
SALCON BERHAD |
| Stock Name |
:
|
SALCON |
| Date Announced |
:
|
12/04/2007 |
 |
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|
| Type | : | Announcement |
| Subject | : | RENOUNCEABLE RIGHTS ISSUE OF UP TO 233,249,942 NEW ORDINARY SHARES OF RM0.50 EACH IN SALCON WITH UP TO 116,624,971 FREE DETACHABLE WARRANTS, ON THE BASIS OF TWO (2) RIGHTS SHARES WITH ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN SALCON ("RIGHTS ISSUE WITH WARRANTS") |
Contents :
Further to the announcement dated 5 April 2007 in relation to the Rights Issue with Warrants and on behalf of the Board of Directors of Salcon, MIMB Investment Bank Berhad ("MIMB") is pleased to announce that Salcon had on 12 April 2007 executed a Deed Poll constituting up to a maximum of 116,624,971 detachable warrants ("Warrants"). The principal terms of the Warrants which are to be issued pursuant to the Rights Issue with Warrants are attached herewith.
This announcement is dated 12 April 2007.