| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description | MBM RESOURCES BERHAD (“MBMR” OR THE “COMPANY”) (I) PROPOSED BONUS ISSUE; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS; (COLLECTIVELY KNOWN AS THE “PROPOSALS”) |
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On behalf of the Board of Directors of the Company, AmInvestment Bank Berhad wishes to announce that the Company proposes to undertake the following:
(a) a bonus issue of up to 73,652,300 new ordinary shares of RM1.00 each in MBMR (“Shares”) (“Bonus Shares”), to be credited as fully paid-up, on the basis of three (3) Bonus Shares for every ten (10) existing Shares held by the entitled shareholders of the Company on the entitlement date to be determined and announced later (“Entitlement Date”); and (b) a renounceable rights issue of up to 73,652,300 new Shares (“Rights Share(s)”) together with up to 73,652,300 new free detachable warrants (“Warrants”) on the basis of three (3) Rights Shares with three (3) free Warrants for every ten (10) existing Shares held by the entitled shareholders of the Company on the Entitlement Date. The full details of the Announcement are attached hereunder. This Announcement is dated 24 February 2012. |
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| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 24 Feb 2012 |
| Category | General Announcement |
| Reference No | MB-120223-60251 |
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