[MRCB] Change In Substantial Shareholder's Shareholding - GAPURNA SDN BHD on 19-Jun-2019

Highlights

Stock	[MRCB]: MALAYSIAN RESOURCES CORPORATION BERHAD
Announcement Date	19-Jun-2019

Name	GAPURNA SDN BHD

Currency

	Type	Number of Shares
18-Jun-2019	Disposed	10,986,913
Registered Name	RHB Capital Nominees (Tempatan) Sdn Bhd
Nature of Interest	Direct Interest

Nature of Interest	Direct Interest
Shares	Ordinary Shares
Reason	To pare down the banking facilities obtained by Gapurna Sdn Bhd ("Gapurna") from CIMB Islamic Bank Berhad and RHB Islamic Bank Berhad for the purchase of MRCB shares as part of the underwriting commitment by Gapurna in meeting its obligation for both proposed private placements and right issue exercise undertaken by MRCB which has since been completed. Gapurna's commitment to subscribe to both private placements and rights issue exercise has resulted in MRCB being fully capitalised to a strong balance sheet position.

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