ACQUISITION OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH IN MITC ENGINEERING SDN BHD ("MITCE") ("SALE SHARES"), REPRESENTING THE ENTIRE EQUITY INTEREST IN MITCE FOR A PURCHASE CONSIDERATION OF RM300.0 MILLION TO BE SATISFIED VIA THE ALLOTMENT AND ISSUANCE OF 267,761,194 NEW ORDINARY SHARES OF RM0.50 EACH IN ML GLOBAL BERHAD ("MGB" OR THE "COMPANY") ("MGB SHARES") ("CONSIDERATION OS") AND 180,000,000 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.50 EACH IN MGB ("CONSIDERATION ICPS" or "ICPS") ("ACQUISITION")
No. of shared issued
267,761,194
Issue Price
Malaysian Ringgit (MYR) 0.670
Par Value
Malaysian Ringgit (MYR) 0.500
Total NOSH
357,395,594
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....