News

Additional Listing Announcement

BackJul 09, 2014

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 Private Placement
Details of corporate proposal Private Placement of 44,000,000 ordinary shares of RM0.10 each in Prestariang Berhad (“Prestariang”) (“Prestariang Shares”), representing 10% of the total issued and paid-up share capital of Prestariang
No. of shares issued under this corporate proposal 44,000,000
Issue price per share ($$) MYR 1.740
Par Value ($$) MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units 484,000,000
Currency MYR 48,400,000.000
Listing Date 10/07/2014

Remarks :
The Private Placement is undertaken pursuant to Section 132D of the Companies Act, 1965 (“Act”), that empowers the Board of Directors of Prestariang (“Board”) to allot and issue new Prestariang Shares from time to time and upon such terms and conditions and for such purpose as the Board may deem fit provided the aggregate number of Prestariang Shares to be issued shall not exceed ten percent (10%) of the issued and paid-up share capital of Prestariang. Prestariang had obtained the approval of its shareholders pursuant to the aforesaid Section 132D of the Act at the Annual General Meeting which was held on 25 June 2014.

This announcement is dated 9 July 2014.

 

Announcement Info

Company Name PRESTARIANG BERHAD  
Stock Name PRESBHD    
Date Announced 9 Jul 2014  
Category Additional Listing Announcement (ALA)
Reference No MM-140707-51481