We refer to the announcements dated 30 April 2014, 25 August 2014, 15 October 2014, 20 October 2014, 21 November 2014 and 5 December 2014 in relation to the Rights Issue of RCULS. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcements.
On behalf of the Company, HLIB wishes to announce that as at the close of acceptance and payment/excess application and payment for the Rights Issue of RCULS at 5.00 p.m. on 19 January 2015 (Closing Date), SSB had received valid acceptances and excess applications for a total of RM185,741,250 nominal value of Rights RCULS. This represents a subscription level of 88.57% of the total nominal value of Rights RCULS available for subscription under the Rights Issue of RCULS.
HLMG group, through HLMG Capital Sdn Bhd, had subscribed in full to the RCULS entitlements, pursuant to the undertakings given to the Company.
Details of the valid acceptances and excess applications received as at the Closing Date are as follows:
|
Nominal value of Rights RCULS
|
No. of Rights RCULS
|
% of total issue
|
|
|
|
|
Total valid acceptances
|
184,182,221
|
184,182,221
|
87.83
|
Total valid excess applications
|
|
|
|
Total valid acceptances and excess applications
|
|
|
|
Total Rights RCULS available for subscription
|
209,708,604
|
209,708,604
|
100.00
|
Accordingly, all entitled shareholders and/or their renouncee(s) and/or transferee(s) (if applicable) who have applied for excess Rights RCULS shall be allotted the full amount of excess Rights RCULS applied for.
The Rights RCULS are expected to be listed and quoted on the Main Market of Bursa Securities on 30 January 2015.
This announcement is dated 26 January 2015.