INARI - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | INARI AMERTRON BERHAD |
| Stock Name | INARI |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | OS-140704-81D98 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | INARI AMERTRON BERHAD (FORMERLY KNOWN AS INARI BERHAD) (“INARI” OR “COMPANY”) • PROPOSED RIGHTS ISSUE WITH WARRANTS |
On behalf of the Board of Directors of Inari, M&A Securities Sdn Bhd wishes to announce that Inari proposes to undertake a renounceable rights issue of up to 88,825,648 new ordinary shares of RM0.10 each in Inari (“Rights Shares”) together with up to 88,825,648 free detachable warrants (“Warrants”) at an indicative issue price of RM1.50 per Rights Share on the basis of one (1) Rights Share for every eight (8) existing ordinary shares of RM0.10 each held in Inari together with one (1) Warrant for every one (1) Rights Share subscribed at an entitlement date to be determined later (“Proposed Rights Issue with Warrants”). Kindly refer to the attachment for further details on the Proposed Rights Issue with Warrants. This announcement is dated 4 July 2014.
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