-Proposed Two-Call Rights Issue Of Up To 62,409,028 New Ordinary Shares Of Rm1.00 Each At An Indicative Issue Price Of Rm1.00 Each (Of Which The First Call Of Rm0.65 Is Payable In Cash On Application And The Second Call Of Rm0.35 Is Payable Out Of The Company's Share Premium Account) On The Basis Of One (1) New Ordinary Share For Every Two (2) Existing Ordinary Shares Of Rm1.00 Each Held On An Entitlement Date To Be Determined - Proposed Bonus Issue Of Up To 31,204,514 New Ordinary Shares Of Rm1.00 Each On The Basis Of One (1) New Ordinary Share Of Rm1.00 Each For Every Four (4) Existing Ordinary Shares Of Rm1.00 Each Held On An Entitlement Date To Be Determined ("Collectively The Proposals ")
BackDec 18, 2003
| General Announcement Reference No MM-031218-58854 |
| Submitting Merchant Bank | : | AMMERCHANT BANK BERHAD (FORMERLY KNOWN AS ARAB-MALAYSIAN MERCHANT BANK BERHAD) |
| Company Name | : | RELIANCE PACIFIC BERHAD |
| Stock Name | : | RPB |
| Date Announced | : | 18/12/2003 |
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| Type | : | Announcement |
| Subject | : | -PROPOSED TWO-CALL RIGHTS ISSUE OF UP TO 62,409,028 NEW ORDINARY SHARES OF RM1.00 EACH AT AN INDICATIVE ISSUE PRICE OF RM1.00 EACH (OF WHICH THE FIRST CALL OF RM0.65 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS PAYABLE OUT OF THE COMPANY'S SHARE PREMIUM ACCOUNT) ON THE BASIS OF ONE (1) NEW ORDINARY SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD ON AN ENTITLEMENT DATE TO BE DETERMINED - PROPOSED BONUS ISSUE OF UP TO 31,204,514 NEW ORDINARY SHARES OF RM1.00 EACH ON THE BASIS OF ONE (1) NEW ORDINARY SHARE OF RM1.00 EACH FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD ON AN ENTITLEMENT DATE TO BE DETERMINED ("COLLECTIVELY THE PROPOSALS ") |
Contents :
Further to our announcement dated 13 March 2003, AmMerchant Bank Berhad, on behalf of the Company is pleased to announce to the Kuala Lumpur Stock Exchange that the Securities Commission, vide its letter dated 12 December 2003 has approved the extension of time up to 30 June 2004 for the full implementation of the Proposed Rights Issue of Shares with Warrants and the Proposed Bonus Issue.
This announcement is dated 18 November 2003
Bursa Announcement
