[HWATAI] Rights Issue on 13-Apr-2015

Stock
[HWATAI]: HWA TAI INDUSTRIES BHD
Announcement Date
13-Apr-2015
Listing Date
14-Apr-2015
New Type/Class?
No
Type
Rights Issue
Details
RENOUNCEABLE RIGHTS ISSUE OF UP TO 60,063,600 NEW ORDINARY SHARES OF RM0.40 EACH IN HWA TAI INDUSTRIES BERHAD (“HWA TAI”) (“HWA TAI SHARE(S)”) (“RIGHTS SHARE(S)”) AT AN ISSUE PRICE OF RM0.40 PER RIGHTS SHARE ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TWO (2) EXISTING HWA TAI SHARES HELD AT 5.00 P.M. ON 16 MARCH 2015, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 30,031,800 RIGHTS SHARES ("RIGHTS ISSUE")
No. of shared issued
34,790,870
Issue Price
MYR 0.400
Par Value
MYR 0.400
Total NOSH
74,833,270
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