HANDAL-(i) Renounceable rights issue of 60,000,000 new ordinary shares of RM0.50 each in HANDAL ("HANDAL Shares") (“Rights Shares”) together with 60,000,000 free detachable warrants (“Warrants”) on the basis of 2 Rights Shares and 2 free Warrants for every 3 existing ordinary shares of RM0.50 each in HANDAL (“Rights Issue of Shares with Warrants”) and (ii) Bonus Issue of 10,000,000 new HANDAL Shares (“Bonus Shares”) on the basis of 1 Bonus Share for every 6 Rights Shares subscribed (“Bonus Issue”)
LISTING'S CIRCULAR NO. L/Q : 60746 OF 2011
Kindly be advised that HANDAL's:
i) additional 70,000,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Rights Issue of Shares with Warrants and Bonus Issue will be granted listing and quotation with effect from 9.00 a.m., Friday, 8 April 2011; and
ii) 60,000,000 Warrants issued pursuant to the aforesaid Rights Issue of Shares with Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of these Warrants on the Main Market, will be granted with effect from 9.00 a.m., Friday, 8 April 2011.
The Stock Short Name, ISIN Code and Stock Number of the Warrants are "HANDAL-WA", "MYL7253WAQ40" and "7253WA" respectively.
|Company Name||HANDAL RESOURCES BERHAD |
|Stock Name ||HANDAL
|Date Announced||7 Apr 2011 |
|Reference No||TE-110406-67329 |