Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description RIGHTS ISSUE OF ICPS WITH WARRANTS (For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Abridged Prospectus of the Company dated 2 November 2017 in relation to the Rights Issue of ICPS with Warrants.)
We refer to the Abridged Prospectus dated 2 November 2017.
On behalf of the Board, Mercury Securities wishes to announce that pursuant to the close of acceptance, excess applications and payment for the ICPS with Warrants B at 5.00 p.m. on 24 November 2017, the Company had received valid acceptances and excess applications for a total of 899,284,472 ICPS, representing 99.85% subscription of the total number of ICPS available for subscription under the Rights Issue of ICPS with Warrants.
Details of such valid acceptances and excess applications received are as follows:-
No. of ICPS % of total ICPS available for subscription Total valid acceptances 461,874,636 51.28% Total valid excess applications 437,409,836 48.57% Total valid acceptances and excess applications 899,284,472 99.85% Total ICPS available for subscription 900,617,550 100.00% Remaining ICPS not subscribed for 1,333,078 0.15%
Successful applicants of the ICPS will be given Warrants B on the basis of 1 Warrant B for every 10 ICPS successfully subscribed for.
The ICPS and Warrants B are expected to be listed on the ACE Market of Bursa Securities on 11 December 2017.
Najib budget 2017 goverment funds 3 billions buy small cap shares , Digital economy is our PM brainchild master plan , these funds expiry in 29 Dec , they will use finish these 3 billions funds to acquired shares before end 2017 Mara linked company active today dgb, Inix ,asiabio.Today big volume mara buying...
Yes, i did. After come to know Asiabio's has been really good sight In picking their incubatees. From consumers eg. The Arch by Focus to Green tech eg. Vsolar's biogass And it's subsidiary Asiabio petroleum s/b
And their continuing partnership /vendor into the Fintec.
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charlie chia
2,151 posts
Posted by charlie chia > 2017-12-05 06:07 | Report Abuse
Hope to make money from the Icps n warrant B