Malaysia Steel Manufacturer   

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Home / Additional Listing Announcement /Subdivision of Shares

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?No
Types of corporate proposalPrivate Placement
Details of corporate proposalPRIVATE PLACEMENT OF UP TO 42,500,000 NEW ORDINARY SHARES IN MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL”) (“MASTEEL SHARE(S)” OR “SHARE(S)”), REPRESENTING UP TO APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MASTEEL (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 (“PRIVATE PLACEMENT”)
No. of shares issued under this corporate proposal500,000
Issue price per share ($$)Malaysian Ringgit (MYR)   0.3500
Par Value($$) (if applicable) 
Latest issued share capital after the above corporate proposal in the following
Units428,939,831
Issued Share Capital ($$)Malaysian Ringgit (MYR) 230,693,015.000
Listing Date22 Oct 2019

Remarks :
The issued share capital is inclusive of 1,675,000 treasury shares
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