On behalf of the Board of Directors of Gamuda, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a renounceable rights issue of up to 412,445,675 warrants in Gamuda (“Warrant(s)”) at an issue price of RM0.25 for each Warrant on the basis of one (1) Warrant for every six (6) existing ordinary shares of RM1.00 each held in the Company on the entitlement date to be determined and announced later (“Proposed Rights Issue of Warrants”).
Details of the Proposed Rights Issue of Warrants are set out in the ensuing attachment.
This announcement is dated 28 September 2015.