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BURSA ANNOUNCEMENTS

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING - SMPC CORPORATION BHD. (??SMPC?? OR ??COMPANY??) PROPOSED RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 300,410,014 NEW ORDINARY SHARES OF RM1.00 EACH IN SMPC (??SMPC SHARE(S)??) (??RIGHTS SHARE(S)??) TOGETHER WITH UP TO 150,205,007 FREE NEW DETACHABLE WARRANTS (??WARRANTS C??) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE

Type
Announcement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
SMPC CORPORATION BHD. (“SMPC” OR “COMPANY”)

PROPOSED RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 300,410,014 NEW ORDINARY SHARES OF RM1.00 EACH IN SMPC (“SMPC SHARE(S)”) (“RIGHTS SHARE(S)”) TOGETHER WITH UP TO 150,205,007 FREE NEW DETACHABLE WARRANTS (“WARRANTS C”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) WARRANT C FOR EVERY TWO (2) EXISTING SMPC SHARES HELD AS AT AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER, OF WHICH THE FIRST CALL OF RM0.90 WILL BE PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.10 IS TO BE CAPITALISED FROM THE COMPANY’S RESERVES, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 20,000,000 RIGHTS SHARES TOGETHER WITH 10,000,000 WARRANTS C (“PROPOSED RIGHTS ISSUE WITH WARRANTS”)
Attachment
First Announcement SMPC.pdf

ANNOUNCEMENT INFO

Reference No MM-140226-42830
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announces: 27 Feb 2014
Category: General Announcement
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