yangtze778

yangtze778 | Joined since 2014-08-20

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2015-04-11 22:15 | Report Abuse

Thanks Lonaldo Lo

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2015-04-11 08:23 | Report Abuse

Hi, can somebody help to explain below why L&G issued share below? Will it affect the share price later? Is it a good or bad to us? Tq

LAND & GENERAL BERHAD

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type
and new class of securities? No
Types of corporate proposal Others
Details of corporate proposal Conversion of 1% Irredeemable Convertible Unsecured Loan Stocks 2013/2018 of RM0.13 Nominal Value Each
No. of shares issued under this corporate proposal 700,000
Issue price per share ($$) MYR 0.260
Par Value ($$) MYR 0.200
Latest issued and paid up share capital after the above corporate proposal in the following
Units 1,073,794,216
Currency MYR 214,758,843.200
Listing Date 10/04/2015