[ASIABRN] Rights Issue on 11-Jan-2019

Stock
[ASIABRN]: ASIA BRANDS BERHAD
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 shared issued
116,323,800
Issue Price
Malaysian Ringgit (MYR) 0.350
Par Value
0.000
Total NOSH
232,647,600
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