General Announcement

Reference No MI-140605-37222

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

05/06/2014

 
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING IRE-TEX CORPORATION BERHAD (“ITCB” OR THE “COMPANY”) RIGHTS ISSUE OF ICULS WITH WARRANTS

IRE-TEX CORPORATION BERHAD

Type

:

Announcement

Subject

:

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description

:

IRE-TEX CORPORATION BERHAD (“ITCB” OR THE “COMPANY”)

RIGHTS ISSUE OF ICULS WITH WARRANTS

Attachments  : 14. Table 1.pdf
Announcement Details/Table Section:

For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company’s announcement in relation to the Rights Issue of ICULS with Warrants dated 8 January 2014.

We refer to the Company’s announcement dated 8 January 2014 and its previous announcements in relation to the Rights Issue of ICULS with Warrants.

On behalf of the Board, KAF wishes to announce that as at the close of acceptance and payment for the Rights Issue of ICULS with Warrants at 5.00 p.m. on 2 June 2014 (“Closing Date”), the total valid acceptances and excess applications received under the Rights Issue of ICULS with Warrants were 610,723,616 Rights ICULS. This represents an over-subscription of 140,709,616 Rights ICULS or approximately 29.94% over the total of 470,014,000 Rights ICULS available for subscription under the Rights Issue of ICULS with Warrants.

Details of the total valid acceptances and excess applications received as at the Closing Date are set out in Table 1 attached herewith.

Accordingly, the excess Rights ICULS will be allocated in accordance with the basis as stated in the abridged prospectus dated 16 May 2014 in relation to the Rights Issue of ICULS with Warrants.

The Rights ICULS and Warrants are expected to be listed on the Main Market of Bursa Securities on 16 June 2014.

This announcement is dated 5 June 2014.
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