Submitting Merchant Bank
OSK INVESTMENT BANK BERHAD
SKP RESOURCES BHD
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
SKP RESOURCES BERHAD (“SKP” OR THE “COMPANY”)
(I) PROPOSED BONUS ISSUE; AND
(II) PROPOSED FREE WARRANTS ISSUE
SKP - Announcement.pdf
Announcement Details/Table Section :
On behalf of the Board of Directors of SKP, OSK Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:
(i) a bonus issue of up to 300,000,000 new ordinary shares of RM0.10 each in SKP (“SKP Share(s)”) (“Bonus Share(s)”) on the basis of one (1) Bonus Share for every two (2) existing SKP Shares held at an entitlement date to be determined later (“Proposed Bonus Issue”); and
(ii) an issuance of up to 180,000,000 free warrants in SKP (“Free Warrant(s)”) on the basis of one (1) Free Warrant for every five (5) SKP Shares held after the Proposed Bonus Issue (“Proposed Free Warrants Issue”).
(Collectively referred to as the “Proposals”)
Further details of the Proposals are set out in the following attachment.
All posts published herein are merely based on individual views, and they do not expressly or by implications represent those of CariGold.com or its owner. It is hereby made clear that CariGold.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. CariGold.com also does not give and/or offer any investment advice to any members and/or readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that CariGold. com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you