BRIGHT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
Company Name | BRIGHT PACKAGING INDUSTRY BERHAD |
Stock Name | BRIGHT |
Date Announced | 18 Oct 2013 |
Category | General Announcement |
Reference No | OS-131018-59341 |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | BRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR THE “COMPANY”) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 86,569,800 NEW ORDINARY SHARES OF RM0.50 EACH IN BRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR THE “COMPANY”) (“BRIGHT SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING BRIGHT SHARE HELD, TOGETHER WITH 57,713,200 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS”) |
We refer to our announcement dated 14 October 2013 in relation to the Proposed Rights Issue of Shares with Warrants (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
On behalf of Bright, TA Securities wishes to announce that an application has been submitted to Bursa Securities on 18 October 2013 for the admission of the Warrants to the official list of the Main Market of Bursa Securities and the listing of and quotation for the Rights Shares, Warrants and the new Bright Shares to be issued pursuant to the exercise of the Warrants on the Main Market of Bursa Securities.
This announcement is dated 18 October 2013.
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