MULTIPLE PROPOSALS (I) PROPOSED RIGHTS ISSUE WITH WARRANTS; (II) PROPOSED ESOS; (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (IV) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
(I)	PROPOSED RIGHTS ISSUE WITH WARRANTS;
(II)	PROPOSED ESOS;
(III)	PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(IV)	PROPOSED M&A AMENDMENTS 

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcement dated 16 April 2015.

Reference is made to the announcement dated 16 April 2015 in relation to the Proposals.

The Company had, on 16 April 2015, announced that it proposes to undertake the Proposals. Barring any unforeseen circumstances, all the relevant applications to the authorities in relation to the Proposals will be made within two (2) months from the date thereon.

As at to-date, the Company is in the midst of procuring the Irrevocable Undertakings to subscribe for the Rights Shares together with Warrants to achieve the Minimum Subscription Level. An announcement will be made accordingly when such Irrevocable Undertakings are procured.

In view of the above, on behalf of the Board, Public Investment Bank Berhad wishes to announce that all the relevant applications to the authorities in relation to the Proposals are expected to be made within two (2) months from the date of this announcement.

This announcement is dated 15 June 2015.






Announcement Info

Company Name M3 TECHNOLOGIES (ASIA) BERHAD
Stock Name M3TECH
Date Announced 15 Jun 2015
Category General Announcement for PLC
Reference Number GA1-13062015-00001