Financial Highlights

RENOUNCEABLE RIGHTS ISSUE OF 226,369,915 NEW ORDINARY SHARES IN MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”) (“RIGHTS SHARES”) TOGETHER WITH 226,369,915 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES HELD IN MASTEEL TOGETHER WITH 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AT 5.00 P.M. ON 29 SEPTEMBER 2021 AT AN ISSUE PRICE OF RM0.395 PER RIGHTS SHARE ON A FULL SUBSCRIPTION BASIS (“RIGHTS ISSUE WITH WARRANTS”)
 

Kindly be advised of the following :

1)    The Right commence of trading : 30 Sep 2021
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 01 Oct 2021
3)    The last day and time for Acceptance, Renunciation and Payment : 14 Oct 2021
4)    The Rights cessation quotation : 07 Oct 2021

The Stock Short Name, Number and ISIN Code MASTEEL-OR, 5098OR and MYL5098OR001

Remarks:-   The last date and time for acceptance, excess application and payment is 14 October 2021 at 5:00 p.m..