Company announcements: HUBLINE

HUBLINE - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Submitting Merchant Bank: AFFIN INVESTMENT BANK BERHAD
Company Name: HUBLINE BERHAD
Stock Name: HUBLINE
Date Announced: 20/02/2012

Announcement Detail:
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: PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.20 EACH IN HUBLINE BERHAD("HUBLINE")("PLACEMENT SHARES") REPRESENTING UP TO 16.45% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL IN HUBLINE TOGETHER WITH FREE DETACHABLE WARRANTS ("ADDITIONAL WARRANTS") IN HUBLINE ON THE BASIS OF THREE (3) ADDITIONAL WARRANTS FOR EVERY TWO (2) PLACEMENT SHARES SUBSCRIBED ("PRIVATE PLACEMENT")

No. of shares issued under this corporate proposal: 5,000,000

Issue price per share ($$): MYR 0.200

Par Value ($$): MYR 0.200

Units: 1,978,119,263

Currency: MYR 395,623,852.600

Listing Date: 21/02/2012

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: Additional Warrants

No. of shares issued under this corporate proposal: 7,500,000

Issue price per share ($$): MYR 0.000

Par Value ($$): MYR 0.000

Units: 785,176,421

Currency: MYR 0.000

Listing Date: 21/02/2012

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