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Renounceable Rights Issue Of 7,835,500 New Ordinary Shares Of RM1.00 Each At An Issue Price Of RM1.00 Per Ordinary Share On The Basis Of One (1) New Ordinary Share For Every Two (2) Existing Ordinary Shares Held ("Rights Issue")

BackMay 08, 2001
Type Announcement
Subject KKB ENGINEERING BERHAD (“KKB” OR “COMPANY”)
Renounceable Rights Issue Of 7,835,500 New Ordinary Shares Of RM1.00 Each At An Issue Price Of RM1.00 Per Ordinary Share On The Basis Of One (1) New Ordinary Share For Every Two (2) Existing Ordinary Shares Held (“Rights Issue”)

Contents :

On behalf of the Board of Directors of KKB, Arab-Malaysian Merchant Bank Berhad, is pleased to announce that the Rights Issue has been oversubscribed. At the close of the Rights Issue at 5.00 p.m. on 2 May 2001, the total acceptances including excess share applications received amounted to 1,747,334 shares, representing a subcription rate of approximately 122.3% of the total shares issued under the Rights Issue.

This announcement is dated 8 May 2001.

 

Announcement Info

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Company Name KKB ENGINEERING BERHAD  
Stock Name KKB    
Date Announced 8 May 2001  
Category General Announcement
Reference No CU-010508-61008