Highlights

[ASIABRN] Rights Issue on 11-Jan-2019


Stock [ASIABRN]: ASIA BRANDS BHD
Announcement Date 11-Jan-2019

Listing Date 14-Jan-2019
New type/class? No
Type Rights Issue
Details RENOUNCEABLE RIGHTS ISSUE OF UP TO 116,323,800 NEW ORDINARY SHARES OF ASIA BRANDS BERHAD ("ABB") ("ABB SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.35 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ABB SHARE HELD BY THE ENTITLED SHAREHOLDERS OF ABB AS AT 5.00 P.M. ON 12 DECEMBER 2018 WITH A MINIMUM SUBSCRIPTION LEVEL OF 86,130,321 RIGHTS SHARES
No. of shares issued 116,323,800
Issue Price Malaysian Ringgit (MYR)  0.350
Par Value -   0.000
Total NOSH 232,647,600


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