MULTIPLE PROPOSALS RCE CAPITAL BERHAD (“RCE”) Proposed Bonus Issue Proposed Rights Issue Proposed Exemption Proposed Increase in Authorised Share Capital Proposed Amendments I Proposed Amendments II (The Proposed Bonus Issue, Proposed Rights Issue, Proposed Exemption, Proposed Increase in Authorised Share Capital and Proposed Amendments I are collectively referred to as the “Proposals”)
| RCE CAPITAL BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | RCE CAPITAL BERHAD (“RCE”) Proposed Bonus Issue Proposed Rights Issue Proposed Exemption Proposed Increase in Authorised Share Capital Proposed Amendments I Proposed Amendments II (The Proposed Bonus Issue, Proposed Rights Issue, Proposed Exemption, Proposed Increase in Authorised Share Capital and Proposed Amendments I are collectively referred to as the “Proposals”) |
We refer to the earlier announcements on 14 February 2012, 26 April 2012 and 25 May 2012 in relation to the Proposals. For consistency purposes, all definitions used in this announcement shall have the same meanings as those provided in RCE’s announcement dated 14 February 2012 in relation to the Proposals, unless stated otherwise. On behalf of the Board of Directors of RCE, Hong Leong Investment Bank Berhad (“HLIB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 5 June 2012, approved the following: (ii) Admission to the Official List and the listing and quotation of up to 478,639,544 new RCPS to be issued pursuant to the Proposed Rights Issue; and (iii) Listing of up to 478,639,544 new Shares to be issued pursuant to the conversion of the RCPS. (1) RCE and HLIB must fully comply with the relevant provisions under the Listing Requirements (“LR”) pertaining to the implementation of the Proposed Bonus Issue; (2) RCE and HLIB to inform Bursa Securities upon the completion of the Proposed Bonus Issue; (3) RCE to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; (4) RCE and HLIB are required to make the relevant announcements pursuant to paragraphs 6.35(2)(a)&(b), 6.35(3) and 6.35(5) of the LR; and (5) Inform Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") on the actual number of Bonus Shares to be issued and the latest issued and paid up share capital of RCE (after the Bonus Shares) when submitting the allotment information to Bursa Depository for the crediting of the new bonus shares. (1) RCE and HLIB must fully comply with the relevant provisions under the LR pertaining to the implementation of the Proposed Rights Issue; (2) RCE and HLIB to inform Bursa Securities upon the completion of the Proposed Rights Issue; (3) RCE to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue is completed; (4) RCE to furnish Bursa Securities on a quarterly basis, a summary of the total number of shares listed pursuant to the conversion of the RCPS as at the end of the quarter together with a detailed computation of listing fees payable; (5) To incorporate the comments made in the circular to shareholders provided in the attachment to Bursa Securities' letter dated 5 June 2012; and (6) RCE to furnish Bursa Securities with a copy of the approval letter from Bank Negara Malaysia, for the issuance of the RCPS to non-residents shareholders of RCE. | |
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 6 Jun 2012 |
| Category | General Announcement |
| Reference No | ML-120606-32324 |