General Announcement

11/11/2014

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES PRESS METAL BERHAD (PMB OR COMPANY) (I) BONUS ISSUE OF UP TO 584,814,692 NEW ORDINARY SHARES OF RM0.50 EACH IN PMB (SHARES) (BONUS SHARES) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY EXISTING SHARE HELD AT 5.00 P.M. ON 10 NOVEMBER 2014 (BONUS ISSUE); (II) INCREASE IN THE AUTHORISED SHARE CAPITAL OF PMB FROM RM500,000,000 COMPRISING 1,000,000,000 SHARES TO RM1,000,000,000 COMPRISING 2,000,000,000 SHARES TO FACILITATE THE BONUS ISSUE (IASC); (III) AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF PMB TO FACILITATE THE IASC; AND (IV) AMENDMENTS TO THE DEED POLL DATED 20 JULY 2011 CONSTITUTING THE WARRANTS 2011/2019 OF THE COMPANY (WARRANTS C) (COLLECTIVELY REFERRED TO AS THE PROPOSALS)

PRESS METAL BERHAD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionPRESS METAL BERHAD (PMB OR COMPANY)

(I) BONUS ISSUE OF UP TO 584,814,692 NEW ORDINARY SHARES OF RM0.50 EACH IN PMB (SHARES) (BONUS SHARES) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY EXISTING SHARE HELD AT 5.00 P.M. ON 10 NOVEMBER 2014 (BONUS ISSUE);

(II) INCREASE IN THE AUTHORISED SHARE CAPITAL OF PMB FROM RM500,000,000 COMPRISING 1,000,000,000 SHARES TO RM1,000,000,000 COMPRISING 2,000,000,000 SHARES TO FACILITATE THE BONUS ISSUE (IASC);

(III) AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF PMB TO FACILITATE THE IASC; AND

(IV) AMENDMENTS TO THE DEED POLL DATED 20 JULY 2011 CONSTITUTING THE WARRANTS 2011/2019 OF THE COMPANY (WARRANTS C)

(COLLECTIVELY REFERRED TO AS THE PROPOSALS)

Announcement Info

Company NamePRESS METAL BERHAD  
Stock Name PMETAL
Date Announced11 Nov 2014  
CategoryGeneral Announcement
Reference NoMI-141111-62110

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