AKNIGHT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES
Announcement Type: General Announcement
| Company Name | ASIA KNIGHT BERHAD |
| Stock Name | AKNIGHT |
| Date Announced | 31 Mar 2014 |
| Category | General Announcement |
| Reference No | MB-140327-40546 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | ASIA KNIGHT BERHAD (“A-KNIGHT” OR THE “COMPANY”) SETTLEMENT OF DEBT OWING TO RELATED PARTIES, NAMELY PRIME FOREST PRODUCTS (M) SDN BHD AND SEE SENG LAI & SONS REALTY SDN BHD, VIA ISSUANCE OF 12,319,708 NEW ORDINARY SHARES OF RM1.00 EACH IN A-KNIGHT (“A-KNIGHT SHARES”), REPRESENTING APPROXIMATELY 21.2% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY, AT AN ISSUE PRICE OF RM1.20 PER SHARE (“CAPITALISATION”) |
Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcement dated 17 December 2013 in respect of the Capitalisation. We refer to the announcements made on 17 December 2013, 25 February 2014 and 19 March 2014 in relation to the Capitalisation. On behalf of the Company, AmInvestment Bank is pleased to announce that the Capitalisation has been completed on 31 March 2014 in accordance with the terms of the DSA. This announcement is dated 31 March 2014. | |
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