ARK - Listing Circular
Announcement Type: Listing Circular
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 29/06/2011
Announcement Detail:
Subject: ARK-(I) RENOUNCEABLE RIGHTS ISSUE OF 15,475,725 NEW ORDINARY SHARES OF RM1.00 EACH IN ARK ("ARK SHARES") AT AN ISSUE PRICE OF RM1.00 EACH ("RIGHTS SHARES") ON THE BASIS OF THREE (3) NEW RIGHTS SHARES FOR EVERY FOUR (4) ARK SHARES HELD TOGETHER WITH 15,475,725 FREE WARRANT (WARRANTS) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) NEW RIGHTS SHARE SUBSCRIBED ("RIGHTS ISSUE"); AND
(II) PLACEMENT OF 5,000,000 NEW ARK SHARES AT AN ISSUE PRICE OF RM1.00 EACH ("PLACEMENT SHARES") WITH 5,000,000 FREE DETACHABLE WARRANTS ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) NEW PLACEMENT SHARE SUBSCRIBED ("PLACEMENT")
Contents: Kindly be advised on the following:
(i) ARK's 20,475,725 Warrants issued pursuant to the Rights Issue and Placement will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants on the Main Market, will be granted with effect from 9.00 a.m., Thursday, 30 June 2011; and
(ii) Additional 20,475,725 new ARK Shares issued pursuant to the Rights Issue and Placement will be granted listing and quotation with effect from 9.00 a.m., Thursday, 30 June 2011.
The Stock Short Name, Stock Number and ISIN Code of the Warrants are "ARK-WB", "7007WB" and "MYL7007WBV66" respectively.
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 29/06/2011
Announcement Detail:
Subject: ARK-(I) RENOUNCEABLE RIGHTS ISSUE OF 15,475,725 NEW ORDINARY SHARES OF RM1.00 EACH IN ARK ("ARK SHARES") AT AN ISSUE PRICE OF RM1.00 EACH ("RIGHTS SHARES") ON THE BASIS OF THREE (3) NEW RIGHTS SHARES FOR EVERY FOUR (4) ARK SHARES HELD TOGETHER WITH 15,475,725 FREE WARRANT (WARRANTS) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) NEW RIGHTS SHARE SUBSCRIBED ("RIGHTS ISSUE"); AND
(II) PLACEMENT OF 5,000,000 NEW ARK SHARES AT AN ISSUE PRICE OF RM1.00 EACH ("PLACEMENT SHARES") WITH 5,000,000 FREE DETACHABLE WARRANTS ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) NEW PLACEMENT SHARE SUBSCRIBED ("PLACEMENT")
Contents: Kindly be advised on the following:
(i) ARK's 20,475,725 Warrants issued pursuant to the Rights Issue and Placement will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants on the Main Market, will be granted with effect from 9.00 a.m., Thursday, 30 June 2011; and
(ii) Additional 20,475,725 new ARK Shares issued pursuant to the Rights Issue and Placement will be granted listing and quotation with effect from 9.00 a.m., Thursday, 30 June 2011.
The Stock Short Name, Stock Number and ISIN Code of the Warrants are "ARK-WB", "7007WB" and "MYL7007WBV66" respectively.
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