Malaysia Steel Manufacturer   

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1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF UP TO 24,450,800 NEW ORDINARY SHARES IN MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL”) (“PLACEMENT SHARE(S)”), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MASTEEL, AT AN ISSUE PRICE OF RM1.036 PER PLACEMENT SHARE (“PRIVATE PLACEMENT”)
No. of shares issued under this corporate proposal 3,000,000
Issue price per share ($$) Malaysian Ringgit (MYR)   1.0360
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 255,508,003
Issued Share Capital ($$) Malaysian Ringgit (MYR) 133,182,626.500
Listing Date 08 Sep 2017
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