[INNO] Rights Issue on 11-May-2010

Stock
[INNO]: INNOPRISE PLANTATIONS BERHAD
Announcement Date
11-May-2010
Listing Date
12-May-2010
New Type/Class?
No
Type
Rights Issue
Details
Renounceable rights issue of up to 168,750,000 new ordinary shares of RM1.00 each in Innoprise Plantations Berhad (“IPB”) (“Rights Shares”) at an issue price of RM1.00 per Rights Share, payable in full upon acceptance, on the basis of three (3) Rights Shares for every one (1) existing ordinary share of RM1.00 each in IPB held after the Capital Reconstruction at 5.00p.m. on 14 April 2010 (“Rights Issue”)
No. of shared issued
132,361,300
Issue Price
MYR 1.000
Par Value
MYR 1.000
Total NOSH
188,611,300
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