1. Details of Corporate Proposal |
|
| Whether the corporate proposal involves the issuance of new type and new class of securities? |
Yes |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | Renounceable rights issue of 73,165,836 new ordinary shares of RM1.00 each in MBM Resources Berhad (“MBMR”) (“Rights Shares”) together with 73,165,836 new free detachable warrants (“Warrants”) on the basis of three (3) Rights Shares with three (3) Warrants for every ten (10) existing ordinary shares of RM1.00 each in MBMR held in MBMR at 5.00 p.m. on 23 May 2012, at an issue price of RM1.42 per Rights Share (“Rights Issue with Warrants”) |
| No. of shares issued under this corporate proposal | 73,165,836 |
| Issue price per share ($$) | MYR 1.420 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following |
|
| Units | 390,219,253 |
| Currency | MYR 390,219,253.000 |
| Listing Date | 21/06/2012 |
| Remarks : |
| The Rights Issue with Warrants will be completed with the listing of the 73,165,836 Rights Shares on the Main Market of Bursa Malaysia Securities Berhad on 21 June 2012. This announcement is dated 20 June 2012. |
| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 20 Jun 2012 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | MB-120619-63637 |
