NADAYU - NADAYU-SUSPENSION OF TRADING OF THE ORDINARY SHARES OF RM1.00 EACH IN NADAYU PROPERTIES BERHAD ("NADAYU") ("NADAYU SHARES") AND THE ENTITLEMENT DATE FOR THE SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF NADAYU PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 (“ACT”) ("SCR") (“PROPOSED SCR”)
Announcement Type: Listing Circular
| Company Name | NADAYU PROPERTIES BERHAD |
| Stock Name | NADAYU |
| Date Announced | 23 Jan 2014 |
| Category | Listing Circular |
| Reference No | NE-140123-33056 |
LISTING'S CIRCULAR NO. L/Q : 69723 OF 2014
In order to facilitate the implementation of Proposed SCR, the trading of NADAYU shares will be suspended with effect from 9.00 a.m., Wednesday, 29 January 2014. The suspension will continue until the completion of the same and the subsequent delisting of NADAYU from the Official List of Bursa Securities.
Your attention is also drawn to NADAYU’s announcement dated 21 January 2014 and Notice to Shareholders dated 22 January 2014.
PWORTH - Additional Listing Announcement
Announcement Type: Additional Listing Announcement (ALA)
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 23 Jan 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | MI-140122-44262 |
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 | Acquisition of the entire issued and paid-up share capital of Beta Bumi Sdn Bhd by Priceworth International Berhad for a purchase consideration of RM25.0 million to be satisfied by way of cash consideration of RM2.0 million and the balance of RM23.0 million to be satisfied by way of issuance of 65,714,285 shares of RM0.10 each at an issue price of RM0.35 per share. |
| No. of shares issued under this corporate proposal | 65,714,285 |
| Issue price per share ($$) | MYR 0.350 |
| Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 251,992,403 |
| Currency | MYR 25,199,240.300 |
| Listing Date | 24/01/2014 |
| Remarks : |
| The latest issued and paid up share capital above is inclusive of the treasury shares of 12,562,832 units held by Priceworth International Berhad. |
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