[MRCB]: MALAYSIAN RESOURCES CORPORATION BERHAD

26-Jun-2014

27-Jun-2014

No

Special Issue

ACQUISITION BY MRCB OF 70% EQUITY INTEREST IN P.J SENTRAL DEVELOPMENT SDN BHD (“P.J SENTRAL”) FROM NUSA GAPURNA DEVELOPMENT SDN BHD (“NGD”) FOR A TOTAL CONSIDERATION OF RM199,000,000 WHICH WILL BE SATISFIED VIA A COMBINATION OF CASH OF RM30,348,584 AND 108,807,365 NEW MRCB SHARES AT AN ISSUE PRICE OF RM1.55 PER MRCB SHARE, TOGETHER WITH 31,087,819 CONSIDERATION WARRANTS ON THE BASIS OF TWO (2) CONSIDERATION WARRANTS FOR EVERY SEVEN (7) MRCB SHARES ISSUED (“ACQUISITION OF 70% OF P.J SENTRAL”)

108,807,365

MYR 1.550

MYR 1.000

1,760,118,299