Zero Coupon 2003/2010 Irredeemable Convertible Unsecured Loan Stocks with nominal value of RM1.00 each ("ICULS")
Reason
Part settlement of the inter-company advances made by Arab-Malaysian Corporation Berhad ("AMCORP") to Arab-Malaysian Corporation Industrial City Sdn. Bhd. ("AMCIC") by way of issuance of ICULS of AMDB Berhad to AMCORP upon completion of the Share Sale Agreement dated 20 June 2002.
Deemed interest arises by reason of being a substantial shareholder of AMCORP.
Consideration
Part settlement of inter-company advances of RM113,268,882 made by AMCORP to AMCIC pursuant to the Share Sale Agreement dated 20 June 2002.
Total no of securities after change:
Direct (units)
0
Direct (%)
0.00
Indirect (units)
75,900,000
Indirect (%)
99.87
Total (units)
75,900,000
Total (%)
99.87
Date of Notice
12-Nov-2003
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