FUTUTEC - Additional Listing Announcement (Amended Announcement)
Announcement Type: Additional Listing Announcement (ALA)
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: FUTUTECH BERHAD
Stock Name: FUTUTEC
Date Announced: 14/09/2011
Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No
Types of corporate proposal: Rights Issue
Details of corporate proposal: Renounceable rights issue of up to 82,216,898 new ordinary shares of RM0.50 each in Fututech Berhad ("Rights Shares") on the basis of one (1) Rights Share for every one (1) ordinary share of RM0.50 each in Fututech after the capital reduction exercise, based on a minimum subscription level of 30,000,000 Rights Shares, at an issue price of RM0.50 per Rights Share.
No. of shares issued under this corporate proposal: 32,010,653
Issue price per share ($$): MYR 0.500
Par Value ($$): MYR 0.500
Units: 90,737,009
Currency: MYR 45,368,504.500
Listing Date: 15/09/2011
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: FUTUTECH BERHAD
Stock Name: FUTUTEC
Date Announced: 14/09/2011
Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No
Types of corporate proposal: Rights Issue
Details of corporate proposal: Renounceable rights issue of up to 82,216,898 new ordinary shares of RM0.50 each in Fututech Berhad ("Rights Shares") on the basis of one (1) Rights Share for every one (1) ordinary share of RM0.50 each in Fututech after the capital reduction exercise, based on a minimum subscription level of 30,000,000 Rights Shares, at an issue price of RM0.50 per Rights Share.
No. of shares issued under this corporate proposal: 32,010,653
Issue price per share ($$): MYR 0.500
Par Value ($$): MYR 0.500
Units: 90,737,009
Currency: MYR 45,368,504.500
Listing Date: 15/09/2011
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