YINSON - MULTIPLE PROPOSALS
Company Name | YINSON HOLDINGS BERHAD |
Stock Name | YINSON |
Date Announced | 13 Mar 2014 |
Category | General Announcement |
Reference No | MB-140313-64787 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | YINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”) (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN YINSON HOLDINGS BERHAD (“YHB”) (“YHB SHARES”) TO RAISE GROSS PROCEEDS OF UP TO RM600 MILLION (“PROPOSED RIGHTS ISSUE”); (II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF YHB FROM RM500,000,000 COMPRISING 500,000,000 YHB SHARES TO RM1,000,000,000 COMPRISING 1,000,000,000 YHB SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”); AND (III) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) YHB SHARE HELD BY ENTITLED SHAREHOLDERS OF YHB UPON COMPLETION OF THE PROPOSED RIGHTS ISSUE INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH IN YHB (“SUBDIVIDED SHARES”) (“PROPOSED SHARE SPLIT”) (COLLECTIVELY REFERRED TO AS “PROPOSALS”) |
This announcement is dated 13 March 2014. Reference is made to the Company’s announcement dated 24 January 2014 in relation to the Proposals (“First Announcement”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the First Announcement. On behalf of the Board of Directors of YHB (“Board”), AmInvestment Bank Berhad wishes to announce that the Company is proposing to revise the Maximum Gross Proceeds to be raised from the Proposed Rights Issue to up to RM600 million in view of the Company’s current funding requirements (“Revision”). For further details please refer to the attached file. |
RCECAP - Notice of Shares Buy Back - Immediate Announcement
Company Name | RCE CAPITAL BERHAD |
Stock Name | RCECAP |
Date Announced | 13 Mar 2014 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | RC-140313-2AE1A |
WCT - Notice of Shares Buy Back - Immediate Announcement
Company Name | WCT HOLDINGS BERHAD |
Stock Name | WCT |
Date Announced | 13 Mar 2014 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | WW-140313-61515 |
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