Circular/Notice to Shareholders

DAMANSARA REALTY BHD

Subject (I) PROPOSED BONUS ISSUE OF UP TO 154,685,630 FREE WARRANTS IN DAMANSARA REALTY BERHAD (WARRANTS) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN DAMANSARA REALTY BERHAD HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER; (II) PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM150.0 MILLION CONVERTIBLE INTO A MAXIMUM OF 300,000,000 CONVERSION SHARES OF RM0.50 EACH AT THE MINIMUM CONVERSION PRICE OF RM0.50 PER SHARE RERESENTING APROXIMATELY 39.26% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL.


Please refer attachment below.



Announcement Info

Company Name DAMANSARA REALTY BHD
Stock Name DBHD
Date Announced 16 Oct 2017
Category Document Submission
Reference Number DCS-16102017-00001