Document Submission

21/01/2021

Circular/Notice to Shareholders

MACPIE BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO:- (I) PROPOSED PRIVATE PLACEMENT OF UP TO 129,614,800 NEW ORDINARY SHARES IN MACPIE ("MACPIE SHARES" OR "SHARES"), REPRESENTING UP TO APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF MACPIE, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT"); (II) PROPOSED SHARE SPLIT INVOLVING A SUBDIVISION OF EVERY 1 EXISTING MACPIE SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER INTO 2 SHARES ("SUBDIVIDED SHARES") ("PROPOSED SHARE SPLIT"); AND (III) PROPOSED BONUS ISSUE OF UP TO 561,664,282 FREE WARRANTS IN MACPIE ("WARRANTS B") ON THE BASIS OF 1 WARRANT B FOR EVERY 2 SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF WARRANTS") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


Please refer attachment below.



Announcement Info

Company Name MACPIE BERHAD
Stock Name MACPIE
Date Announced 21 Jan 2021
Category Document Submission
Reference Number DCS-21012021-00009