Additional Listing Announcement (ALA)
28/02/2014Additional Listing Announcement
| WINTONI GROUP BERHAD |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PLANET WIRELESS HOLDINGS LIMITED FOR A PURCHASE CONSIDERATION OF RM14.5 MILLION TO BE SATISFIED VIA A COMBINATION OF RM4.5 MILLION IN CASH AND ISSUANCE OF 50.0 MILLION NEW ORDINARY SHARES OF RM0.10 EACH IN WINTONI ( CONSIDERATION SHARES ) TOGETHER WITH 50.0 MILLION DETACHABLE WARRANTS IN WINTONI ("CONSIDERATION WARRANTS") ("PROPOSED ACQUISITION OF PW") |
| No. of shares issued under this corporate proposal | 50,000,000 |
| Issue price per share ($$) | MYR 0.200 |
| Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 380,000,000 |
| Currency | MYR 38,000,000.000 |
| Listing Date | 03/03/2014 |
2. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PROPOSED PRIVATE PLACEMENT OF UP TO 133.0 MILLION NEW WINTONI SHARES, TOGETHER WITH DETACHABLE WARRANTS IN WINTONI ( PLACEMENT WARRANTS ) ON THE BASIS OF ONE (1) PLACEMENT WARRANT FOR EVERY ONE (1) NEW SHARE SUBSCRIBED BY SELECTED INVESTORS TO BE IDENTIFIED LATER ( PROPOSED PRIVATE PLACEMENT OF SHARES WITH WARRANTS ) |
| No. of shares issued under this corporate proposal | 100,000,000 |
| Issue price per share ($$) | MYR 0.140 |
| Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 480,000,000 |
| Currency | MYR 48,000,000.000 |
| Listing Date | 03/03/2014 |
| Remarks : |
| The listing of 50,000,000 Consideration Shares together with 50,000,000 Consideration Warrants pursuant to the Proposed Acquisition of PW marks the completion of the Proposed Acquisition of PW. The corporate exercise in relation to the Diversification is also deemed completed. |
Announcement Info
| Company Name | WINTONI GROUP BERHAD (ACE Market) |
| Stock Name | WINTONI |
| Date Announced | 28 Feb 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | OS-140227-42700 |