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New Issue Of Securities (Chapter 6 Of Listing Requirements): Combination Of New Issue Of Securities

BackOct 12, 2011
Date Announced
:
 12/10/2011  



Type
:
 Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description
:
FREIGHT MANAGEMENT HOLDINGS BHD (“FMHB”)

(I) PROPOSED ISSUE OF 40,571,429 ORDINARY SHARES OF RM0.50 EACH IN FMHB (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) EXISTING SHARES OF RM0.50 EACH HELD IN FMHB (“SHARES”) (“PROPOSED BONUS ISSUE”); AND

(II) PROPOSED ISSUE OF 24,342,857 FREE WARRANTS IN FMHB (“FREE WARRANTS”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY FIVE (5) EXISTING SHARES HELD ON THE SAME ENTITLEMENT DATE FOR THE PROPOSED BONUS ISSUE TO BE DETERMINED LATER (“PROPOSED FREE WARRANTS ISSUE”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Announcement Details/Table Section :

We refer to the announcement dated 24 August 2011 in relation to the Proposals.

On behalf of the Board of Directors of FMHB, RHB Investment Bank Berhad wishes to announce that the relevant applications for the Proposals have been made to Bursa Malaysia Securities Berhad and the Controller of Foreign Exchange, Bank Negara Malaysia.

This announcement is dated 12 October 2011.