General Announcement for PLC
02/08/2018NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES RGB INTERNATIONAL BHD ("RGB" OR "COMPANY") PROPOSED BONUS ISSUE OF UP TO 194,620,529 NEW ORDINARY SHARES IN RGB ("RGB SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 7 EXISTING RGB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE")
RGB INTERNATIONAL BHD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
Description | RGB INTERNATIONAL BHD ("RGB" OR "COMPANY") PROPOSED BONUS ISSUE OF UP TO 194,620,529 NEW ORDINARY SHARES IN RGB ("RGB SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 7 EXISTING RGB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE") |
We refer to the announcements dated 3 July 2018 and 18 July 2018 (“Announcements”). (Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.) On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had, vide its letter dated 2 August 2018, resolved to approve the listing of up to 194,620,529 Bonus Shares to be issued pursuant to the Proposed Bonus Issue. The approval granted by Bursa Securities is subject to the following conditions: (i) RGB and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue; (ii) RGB and Affin Hwang IB to inform Bursa Securities upon the completion of the Proposed Bonus Issue; (iii) RGB 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) RGB and Affin Hwang IB are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements. RGB is required to ensure full compliance of all the requirements as provided under the Listing Requirements at all times.
This announcement is dated 2 August 2018. |
Announcement Info
Company Name | RGB INTERNATIONAL BHD |
Stock Name | RGB |
Date Announced | 02 Aug 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-02082018-00040 |