[HWGB] Rights Issue on 12-Apr-2010

Stock
[HWGB]: HO WAH GENTING BHD
Announcement Date
12-Apr-2010
Listing Date
13-Apr-2010
New Type/Class?
No
Type
Rights Issue
Details
RENOUNCEABLE RIGHTS ISSUE OF UP TO 137,888,954 NEW ORDINARY SHARES OF RM0.20 EACH IN HO WAH GENTING BERHAD (“HWGB”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 137,888,954 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.20 EACH HELD IN HWGB (“SHARES”) AFTER THE CAPITAL REDUCTION (“RIGHTS ISSUE”)
No. of shared issued
137,888,954
Issue Price
MYR 0.200
Par Value
MYR 0.200
Total NOSH
413,666,861
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