General announcement
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES
PROTASCO BERHAD ("PROTASCO" OR THE "COMPANY") (I) PROPOSED BONUS ISSUE OF SHARES; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE PROPOSALS")
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Unless otherwise defined, the abbreviations and definitions used in the announcement by the Company dated 17 January 2018 ("Announcement") shall apply herein.
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We refer to the Announcement in relation to the Proposals.
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On behalf of the Board, RHB Investment Bank wishes to announce that we have today submitted an application to Bursa Securities pursuant to the Proposals for the following:
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(i) admission of up to 106,173,228 Warrants to the Official List of Bursa Securities;
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(ii) listing of and quotation for up to 106,173,228 Warrants on the Main Market of Bursa Securities; and
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(iii) listing of up to 70,782,152 Bonus Shares and up to 106,173,228 new Protasco Shares to be issued from the exercise of Warrants on the Main Market of Bursa Securities.
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This announcement is dated 2 March 2018.
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GA1-02032018-00070