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General Announcement
02/08/2010
Excel Force MSC Berhad (EFMB or Company) Announcement in relation to the following: PROPOSED BONUS ISSUE OF 68,922,700 NEW ORDINARY SHARES OF RM0.10 EACH IN EFMB (BONUS SHARES) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN EFMB (EFMB SHARES) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (PROPOSED BONUS ISSUE)
EXCEL FORCE MSC BERHAD
Type
Announcement
Subject
Excel Force MSC Berhad (EFMB or Company)
Announcement in relation to the following:
PROPOSED BONUS ISSUE OF 68,922,700 NEW ORDINARY SHARES OF RM0.10 EACH IN EFMB (BONUS SHARES) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN EFMB (EFMB SHARES) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (PROPOSED BONUS ISSUE)
Contents
(All the abbreviations used in this announcement are as defined in the previous announcement dated 27 May 2010.)
We refer to the announcement dated 27 May 2010 in respect of the Proposed Bonus Issue.
On behalf of the Board of Directors of EFMB, Public Investment Bank Berhad (PIVB) is pleased to announce that Bursa Malaysia Securities Berhad (Bursa Securities) had via its letter dated 2 August 2010, approved the listing of and quotation for 68,922,700 new EFMB Shares to be issued pursuant to the Proposed Bonus Issue, subject to the following conditions:
(i) EFMB and its adviser must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities (ACE LR) pertaining to the implementation of the Proposed Bonus Issue;
(ii) EFMB and its adviser to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
(iii) EFMB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities approval once the Proposed Bonus Issue is completed; and
(iv) EFMB and its adviser are required to make the relevant announcements pursuant to Rules 6.36(2)(a) & (b) and 6.36(4) of the ACE LR.
This announcement is dated 2 August 2010.
Announcement Info
Company Name
EXCEL FORCE MSC BERHAD
(ACE Market)
Stock Name
EFORCE
Date Announced
2 Aug 2010
Category
General Announcement
Reference No
MM-100802-63202
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