News
New Issue Of Securities (Chapter 6 Of Listing Requirements): Fund Raising
BackJan 30, 2014
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | ZELAN BERHAD (“ZELAN” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF 281,631,485 NEW ORDINARY SHARES OF RM0.10 EACH IN ZELAN (“RIGHTS SHARES”) ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES OF RM0.10 EACH IN ZELAN (“ZELAN SHARES”) HELD AS AT 5.00 P.M. ON 30 DECEMBER 2013 TOGETHER WITH 281,631,485 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF 1 WARRANTS FOR EVERY 1 RIGHTS SHARE SUBSCRIBED AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE (“RIGHTS ISSUE WITH WARRANTS”) |
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We refer to the announcements dated 31 July 2013, 16 August 2013, 6 September 2013, 19 November 2013, 12 December 2013, 13 December 2013, 16 January 2014 and 22 January 2014.
On behalf of the Board of Directors of Zelan, AFFIN Investment Bank Berhad is pleased to announce that the Rights Issue with Warrants has been completed on 30 January 2014, following the listing of and quotation for 281,631,485 Rights Shares and 281,631,485 Warrants on the Main Market of Bursa Malaysia Securities Berhad on even date. This announcement is dated 30 January 2014. |
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Announcement Info
| Company Name | ZELAN BERHAD |
| Stock Name | ZELAN |
| Date Announced | 30 Jan 2014 |
| Category | General Announcement |
| Reference No | MI-140130-64134 |