Proposed Bonus Issue Of Up To 31,204,514 New Ordinary Shares Of Rm1.00 Each On The Basis Of One (1) New Ordinary Share For Every Four (4) Existing Ordinary Shares Of Rm1.00 Each Held On A Date To Be Determined ("Proposed Bonus Issue"); And Proposed Two-Call Rights Issue Of Up To 62,409,028 New Ordinary Shares Of Rm1.00 Each At An Indicative Issue Price Of Rm1.00 Each (Of Which The First Call Of Rm0.65 Is Payable In Cash On Application And The Second Call Of Rm0.35 Is Payable Out Of The Company'S Share Premium Account) On The Basis Of One (1) New Ordinary Share For Every Two (2) Existing Ordinary Shares Of Rm1.00 Each Held On A Date To Be Determined ("Proposed Two-Call Rights Issue")
BackApr 30, 2004
| General Announcement Reference No MM-040429-52012 |
| Submitting Merchant Bank | : | AMMERCHANT BANK BERHAD |
| Company Name | : | RELIANCE PACIFIC BERHAD |
| Stock Name | : | RPB |
| Date Announced | : | 30/04/2004 |
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| Type | : | Announcement |
| Subject | : | PROPOSED BONUS ISSUE OF UP TO 31,204,514 NEW ORDINARY SHARES OF RM1.00 EACH ON THE BASIS OF ONE (1) NEW ORDINARY SHARE FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD ON A DATE TO BE DETERMINED ("PROPOSED BONUS ISSUE"); AND PROPOSED TWO-CALL RIGHTS ISSUE OF UP TO 62,409,028 NEW ORDINARY SHARES OF RM1.00 EACH AT AN INDICATIVE ISSUE PRICE OF RM1.00 EACH (OF WHICH THE FIRST CALL OF RM0.65 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS PAYABLE OUT OF THE COMPANY'S SHARE PREMIUM ACCOUNT) ON THE BASIS OF ONE (1) NEW ORDINARY SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD ON A DATE TO BE DETERMINED ("PROPOSED TWO-CALL RIGHTS ISSUE") |
Contents :
Further to our announcement dated 14 April 2004, AmMerchant Bank Berhad, on behalf of Reliance Pacific Berhad, is pleased to announce to Bursa Malaysia Securities Berhad (formerly known as Malaysia Securities Exchange Berhad) that the Securities Commission, via its letter dated 27 April 2004, had approved the proposed extension of time up to 30 September 2004 for the completion of the Proposed Bonus Issue and the Proposed Two-Call Rights Issue.
This announcement is dated 30 April 2004.
Bursa Announcement
