Highlights

[MFCB] Rights Issue on 25-Feb-2016


Stock [MFCB]: MEGA FIRST CORP BHD
Announcement Date 25-Feb-2016

Financial Year
Subject Rights Issue
Type RightIssue
Description Renounceable rights issue of 157,048,290 new ordinary shares of RM1.00 each in Mega First Corporation Berhad ("MFCB") ("MFCB Shares") ("Rights Shares") at an issue price of RM1.59 per Rights Share, which can be subscribed for at USD0.38 pursuant to the Subscription Option (as defined herein), together with 67,306,410 free detachable warrants ("Warrants") on the basis of seven (7) Rights Shares for every ten (10) MFCB Shares held by the entitled shareholders as at 5.00 p.m. on 11 March 2016 ("Entitlement Date") ("Entitled Shareholders") and three (3) Warrants for every seven (7) Rights Shares subscribed for ("Rights Issue with Warrants")
Amount 7 : 10
Ex Date 09-Mar-2016
Entitlement Date 11-Mar-2016
Payment Date


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