Document Submission

16/12/2021

Circular/Notice to Shareholders

RUBBEREX CORPORATION (M) BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (A) PROPOSED SUBSCRIPTION OF 200,000 NEW ORDINARY SHARES IN ALLIANCE EMPIRE SDN BHD ("ALLIANCE EMPIRE"), REPRESENTING 20% OF THE ENLARGED EQUITY INTEREST IN ALLIANCE EMPIRE BY RUBBEREX CORPORATION (M) BERHAD ("RUBBEREX") FOR A SUBSCRIPTION PRICE OF RM180.0 MILLION TO BE FULLY SATISFIED BY CASH; AND (B) PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF RUBBEREX AND ITS SUBSIDIARIES INTO PROPERTY INVESTMENT INCLUDING INVESTMENT IN SHOPPING MALLS


Please refer attachment below.



Announcement Info

Company Name RUBBEREX CORPORATION (M) BERHAD
Stock Name RUBEREX
Date Announced 16 Dec 2021
Category Document Submission
Reference Number DCS-16122021-00004