General Announcement for PLC
15/06/2016NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR") RENOUNCEABLE RIGHTS ISSUE OF UP TO 735,074,052 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.05 EACH IN OCR ("ICPS") ON THE BASIS OF THREE ICPS FOR EVERY ONE EXISTING ORDINARY SHARE OF RM0.25 EACH IN OCR HELD AS AT 5.00 P.M. ON 15 JUNE 2016 AT AN ISSUE PRICE OF RM0.05 PER ICPS, TOGETHER WITH UP TO 73,507,405 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE WARRANT FOR EVERY TEN ICPS SUBSCRIBED FOR
O&C RESOURCES BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR") RENOUNCEABLE RIGHTS ISSUE OF UP TO 735,074,052 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.05 EACH IN OCR ("ICPS") ON THE BASIS OF THREE ICPS FOR EVERY ONE EXISTING ORDINARY SHARE OF RM0.25 EACH IN OCR HELD AS AT 5.00 P.M. ON 15 JUNE 2016 AT AN ISSUE PRICE OF RM0.05 PER ICPS, TOGETHER WITH UP TO 73,507,405 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE WARRANT FOR EVERY TEN ICPS SUBSCRIBED FOR |
We refer to the announcements dated 19 August 2015, 7 September 2015, 3 February 2016, 22 February 2016, 25 February 2016, 4 March 2016, 14 April 2016, 21 April 2016, 22 April 2016, 16 May 2016, 17 May 2016 and 1 June 2016 in relation to the Rights Issue of ICPS with Warrants (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board, TA Securities wishes to announce that the abridged prospectus in relation to the Rights Issue of ICPS with Warrants, together with the notice of provisional allotment and rights subscription form, have been duly registered with the Securities Commission Malaysia and lodged with the Registrar of Companies. This announcement is dated 15 June 2016. |
Announcement Info
Company Name | O&C RESOURCES BERHAD |
Stock Name | OCR |
Date Announced | 15 Jun 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-15062016-00016 |