{"id":2438,"date":"2019-10-21T14:16:37","date_gmt":"2019-10-21T14:16:37","guid":{"rendered":"https:\/\/masteel.investor.net.my\/?p=2438"},"modified":"2019-10-21T14:17:25","modified_gmt":"2019-10-21T14:17:25","slug":"additional-listing-announcement-subdivision-of-shares-4","status":"publish","type":"post","link":"https:\/\/masteel.investor.net.my\/additional-listing-announcement-subdivision-of-shares-4.html","title":{"rendered":"Additional Listing Announcement \/Subdivision of Shares"},"content":{"rendered":"\n
1. Details of Corporate Proposal<\/td><\/tr> | |||
Involve issuance of new type\/class of securities ?<\/td> | No<\/td><\/tr> | ||
Types of corporate proposal<\/td> | Private Placement<\/td><\/tr> | ||
Details of corporate proposal<\/td> | PRIVATE 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”)<\/td><\/tr> | ||
No. of shares issued under this corporate proposal<\/td> | 500,000<\/td><\/tr> | ||
Issue price per share ($$)<\/td> | Malaysian Ringgit (MYR) 0.3500<\/td><\/tr> | ||
Par Value($$) (if applicable)<\/td> | <\/td><\/tr> | ||
Latest issued share capital after the above corporate proposal in the following<\/td><\/tr> | |||
Units<\/td> | 428,939,831<\/td><\/tr> | ||
Issued Share Capital ($$)<\/td> | Malaysian Ringgit (MYR) 230,693,015.000<\/td><\/tr> | ||
Listing Date<\/td> | 22 Oct 2019<\/td><\/tr><\/tbody><\/table>\n\n\n\n <\/p>\n\n\n\n
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