Highlights

[AZRB] Rights Issue on 17-Mar-2014


Stock [AZRB]: AHMAD ZAKI RESOURCES BHD
Announcement Date 17-Mar-2014

Financial Year
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF 206,598,066 NEW ORDINARY SHARES OF RM0.50 EACH (WHICH WILL BE REDUCED TO RM0.25 EACH AFTER THE PROPOSED PAR VALUE REDUCTION) IN AHMAD ZAKI RESOURCES BERHAD (“AZRB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 103,299,033 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE ON THE BASIS OF SIX (6) RIGHTS SHARES TOGETHER WITH THREE (3) FREE WARRANTS FOR EVERY EIGHT (8) EXISTING AZRB SHARES HELD AT 5.00 P.M. ON 31 MARCH 2014
Amount 6 : 8
Offer Price 0.5
Ex Date 27-Mar-2014
Entitlement Date 31-Mar-2014
Payment Date


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