New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

Jan 22, 2016
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF 400,984,509 WARRANTS IN GAMUDA ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN GAMUDA AT 5.00 P.M. ON THURSDAY, 11 FEBRUARY 2016, AT AN ISSUE PRICE OF RM0.25 PER WARRANT ("RIGHTS ISSUE OF WARRANTS")

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the circular dated 9 November 2015 in relation to the Rights Issue of Warrants, where applicable.

We refer to the circular dated 9 November 2015 and the previous announcements in relation to the Rights Issue of Warrants.

On behalf of the Board, RHB Investment Bank wishes to announce the following:-

  1. the Entitlement Date has been fixed as at the close of business at 5.00 p.m. on 11 February 2016;
  2. the Deed Poll has been duly executed on 22 January 2016; and
  3. Gamuda has entered into an Underwriting Agreement with RHB Investment Bank on 22 January 2016 to underwrite 45,653,360 Warrants which are not covered by the Undertakings, representing approximately 11.39% of the total Warrants.

 

This announcement is dated 22 January 2016.

 

 




Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 22 Jan 2016
Category General Announcement for PLC
Reference Number GA1-22012016-00063