19/05/2011 – General Announcement
| General Announcement |
| Reference No OI-110519-58867 |
| Submitting Merchant Bank |
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OSK INVESTMENT BANK BERHAD |
| Company Name |
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CAREPLUS GROUP BERHAD (ACE Market) |
| Stock Name |
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CAREPLS |
| Date Announced |
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19/05/2011 |
| Admission Sponsor |
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OSK Investment Bank Bhd |
| Sponsor |
:
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Same as above |
| Type |
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Announcement |
| Subject |
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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description |
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CAREPLUS GROUP BERHAD (“CAREPLUS” OR THE “COMPANY”) PROPOSED BONUS ISSUE OF 105,000,000 WARRANTS IN CAREPLUS (“WARRANTS”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN CAREPLUS (“CAREPLUS SHARES” OR “SHARES”) ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE OF WARRANTS”); AND PROPOSED PRIVATE PLACEMENT OF UP TO TWENTY PERCENT (20%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF CAREPLUS (“PROPOSED PRIVATE PLACEMENT”) |
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Announcement Details/Table Section :
All defined terms used in this announcement, unless the context otherwise states, shall bear the same meaning as those defined in the announcement dated 28 April 2011 in relation to the Proposals. We refer to the announcements dated 28 April 2011, 4 May 2011, 5 May 2011 and 16 May 2011 in relation to the Proposals. On behalf of the Board, we are pleased to announce that the Controller of Foreign Exchange (via Bank Negara Malaysia) had vide its letter dated 12 May 2011 (which was received on 19 May 2011), approved the issuance of free Warrants to the non-resident entitled shareholders of Careplus pursuant to the Proposed Bonus Issue of Warrants. This announcement is dated 19 May 2011. |