NOVA MSC BERHAD
08 Apr 2016
Details of Corporate Proposal
| Involve issuance of new type/class of securities ? | : | No |
| Types of corporate proposal | : | Acquisitions |
| Details of corporate proposal | : | Acquisition of 19,375 ordinary shares in CNA Development Pte Ltd (CNAD), representing 31% of the issued share capital in CNAD, from Stone Villa Limited for a total aggregate consideration of up to RM10.00 million to be satisfied via the issuance of 45,454,545 shares of RM0.10 each in Nova MSC Berhad (Share), at an issue price of RM0.11 per Share and up to RM5.00 million in cash |
| No. of shares issued under this corporate proposal | : | 45,454,545 |
| Issue price per share ($$) | : | Malaysian Ringgit (MYR) 0.1100 |
| Par Value ($$) | : | Malaysian Ringgit (MYR) 0.100 |
| Latest issued and paid up share capital after the above corporate proposal in the following | ||
| Units | : | 596,240,905 |
| Currency | : | Malaysian Ringgit (MYR) 59,624,090.500 |
| Listing Date | : | 11 Apr 2016 |
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