General Announcement

07/03/2001

PRESS METAL BERHAD ("PMB" or "Company") Rights issue of up to 85,754,554 new ordinary shares of RM1.00 each in PMB ("PMB Shares") at an issue price of RM1.00 per share payable in full on acceptance, on the basis of one (1) new PMB Share for each existing PMB Share held at a date to be determined ("Rights Issue")

PRESS METAL BERHAD

TypeAnnouncement
SubjectPRESS METAL BERHAD ("PMB" or "Company")
Rights issue of up to 85,754,554 new ordinary shares of RM1.00 each in PMB ("PMB Shares") at an issue price of RM1.00 per share payable in full on acceptance, on the basis of one (1) new PMB Share for each existing PMB Share held at a date to be determined ("Rights Issue")

Contents :

Further to the Company's announcements dated 29 February 2000 and 21 June 2000 pertaining to, inter alia, the Rights Issue, Alliance Merchant Bank Berhad, for and on behalf of the Board of Directors of PMB, is pleased to announce that the Securities Commission has, vide its letter dated 24 February 2001, approved the extension of the approval period for another six (6) months i.e. till 4 September 2001, to complete the Rights Issue.


This announcement is dated 7 March 2001.



UNQUOTE


Yours faithfully
for ALLIANCE MERCHANT BANK BERHAD




JEREMY LOO CHAN YUE
Associate Director
Corporate Finance


cc: Securities Commission
Attention: Mr Wong Wing Seong

Press Metal Berhad
Attention: Y Bhg Dato' Koon Poh Keong


Announcement Info

Company NamePRESS METAL BERHAD  
Stock Name PMETAL
Date Announced7 Mar 2001  
CategoryGeneral Announcement
Reference NoMM-010307-81231

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