Highlights

[MNC] Rights Issue on 19-Jul-2019


Stock [MNC]: M N C WIRELESS BHD
Announcement Date 19-Jul-2019

Financial Year
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,769,226,735 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("ICPS") AT AN ISSUE PRICE OF RM0.03 PER ICPS TOGETHER WITH UP TO 75,384,534 FREE DETACHABLE WARRANTS IN MNC ("WARRANTS B") ON THE BASIS OF 50 ICPS TOGETHER WITH 1 FREE WARRANT B FOR EVERY 10 EXISTING ORDINARY SHARES IN MNC ("MNC SHARES" OR "SHARES") HELD BY ENTITLED SHAREHOLDERS OF MNC AT 5.00 P.M. ON 7 AUGUST 2019 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")
Amount 5 : 1
Ex Date 06-Aug-2019
Entitlement Date 07-Aug-2019
Payment Date


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