[ 20-11-2015 ]
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES EVERGREEN FIBREBOARD BERHAD ("EFB") (I) PROPOSED PRIVATE PLACEMENT (II) PROPOSED BONUS ISSUE

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES EVERGREEN FIBREBOARD BERHAD ("EFB") (I) PROPOSED PRIVATE PLACEMENT (II) PROPOSED BONUS ISSUE

EVERGREEN FIBREBOARD BERHAD

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description
EVERGREEN FIBREBOARD BERHAD ("EFB")

(I) PROPOSED PRIVATE PLACEMENT

(II) PROPOSED BONUS ISSUE

On behalf of the Board of Directors of Evergreen Fibreboard Berhad (“EFB”), CIMB Investment Bank Berhad wishes to announce that EFB propose to undertake the following:

 

  1. Proposed Private Placement of up to 51,297,800 new ordinary shares of RM0.25 each in EFB (“EFB Shares”), representing up to 10% of the issued and paid-up share capital of EFB (excluding treasury shares) ("Proposed Private Placement"); and
  2. Proposed Bonus Issue of up to 282,137,900 of new EFB shares (“Bonus Shares”) to be credited as fully paid-up on the basis of 1 bonus share for every 2 EFB shares held after the Proposed Private Placement (“Proposed Bonus Issue”)

 

(collectively referred to as the “Proposals”)

Further details of the Proposals are set out in the attachment.

This announcement is dated 20 November 2015. 



Please refer attachment below.

Attachments

EFB_Announcement_20 November 2015.pdf
264.2 kB


Announcement Info

Company NameEVERGREEN FIBREBOARD BERHAD
Stock NameEVERGRN
Date Announced20 Nov 2015
CategoryGeneral Announcement for PLC
Reference NumberGA1-19112015-00084