NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES RCE CAPITAL BERHAD ("RCE" OR THE "COMPANY") (I) PROPOSED SHARE DIVIDEND; AND (II) PROPOSED BONUS ISSUE (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
| RCE CAPITAL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | RCE CAPITAL BERHAD ("RCE" OR THE "COMPANY")
(I) PROPOSED SHARE DIVIDEND; AND
(II) PROPOSED BONUS ISSUE
(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") |
|
On behalf of the board of directors of RCE, AmInvestment Bank Berhad wishes to announce that the Company proposes to undertake the following:-
(i) proposed distribution of up to 18,778,370 treasury shares held by RCE (“Treasury Shares”) on the basis of 1 Treasury Share for every 20 ordinary shares held in the company (“Shares”) on an entitlement date to be determined (“Entitlement Date”) (“Proposed Share Dividend”); and
(ii) proposed bonus issue of up to 360,251,432 new Shares (“Bonus Shares”) on the basis of 19 Bonus Shares for every 21 Shares held on the Entitlement Date (“Proposed Bonus Issue”).
(collectively, referred to as the “Proposals”).
Please refer to the attachment for further details of the Proposals.
This announcement is dated 9 November 2021.
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Please refer attachment below.
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 09 Nov 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08112021-00092 |