Redeemable Convertible Secured Loan Stocks at Nominal Value of RM1.00 each ("RCSLS")
Reason
Pursuant to renounceable rights issue of RM156,390,346 nominal value 7-year 6% Redeemable Convertible Secured Loan Stocks ("RCSLS") at 100% of its nominal value together with up to 156,390,346 free detachable Warrants and up to 78,195,173 Bonus Shares attached on the basis of RM2.00 nominal value of RCSLS together with 2 Warrants and 1 Bonus Share (Ordinary Share of RM1.00 each) for every 5 Ordinary Shares of RM1.00 each of Malton Berhad ("Rights Issue"), Malton Corporation Sdn Bhd had acquired/subscribed for its entitlement of 52,825,771 RCSLS at RM1.00 each which entailed the allotment of 52,825,771 RCSLS together with 52,825,771 Warrants and 26,412,885 Ordinary Shares of RM1.00 each.