BURSA ANNOUNCEMENTS
MULTIPLE PROPOSALS - ATTA GLOBAL GROUP BERHAD ("ATTA" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF ICPS; AND (II) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | ATTA GLOBAL GROUP BERHAD ("ATTA" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF ICPS; AND (II) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 31 March 2017 in relation to the Proposals, where applicable, unless stated otherwise or defined herein.) Reference is made to the Company’s announcements on 31 March 2017 and 13 April 2017 in relation to the Proposals. On behalf of the Board of Directors of ATTA, Public Investment Bank Berhad wishes to announce that the Company had decided to revise the Proposals to as follows: (i) proposed renounceable rights issue of up to 2,515,037,240 new irredeemable convertible preference shares (“ICPSâ€) at an issue price of RM0.08 per ICPS on the basis of eight (8) ICPS for every one (1) existing ordinary share held in ATTA (“ATTA Share(s)†or “Share(s)â€) on an entitlement date to be determined and announced later (“Proposed Rights Issue of ICPSâ€); and (ii) proposed amendments to the memorandum and articles of association (“M&Aâ€) to facilitate the Proposed Rights Issue of ICPS (“Proposed M&A Amendmentsâ€). Please refer to the attachment for the full text of the announcement pertaining to the above. This announcement is dated 25 May 2017. |
Please refer attachment below.
ANNOUNCEMENT INFO
Reference No | GA1-25052017-00016 |
Company Name: | ATTA GLOBAL GROUP BERHAD |
Stock Name: | ATTA |
Date Announces: | 25 May 2017 |
Category: | General Announcement for PLC |