- Proposed Bonus Issue 1:2
- Proposed Rights Issue 2:5
- Proposed Exemption
- Proposed Increase In Authorised Share Capital
- Proposed Amendments I
- Proposed Amendments II
2. Proposed Bonus Issue - 1 Bonus Share for every 2 existing shares held.
A. Share Issued = 782,395,174
B. Bonus Shares = 391,197,587 (Bonus Shares will be issued)
A. + B. = 1,173,592,761
3. Proposed Rights Issue - 2 right shares for every 5 shares held after the above proposed bonus issue. Total 479,198,444 of rights.
RCECAP shares will be enlarged as follows :-
A. Share Issued = 1,173,592,761
B. Rights Shares = 479,198,444
A + B = 1,652,791,205
4. Share Issued will be enlarged to 2.11 times, almost half the size of PBBANK. Really large and turning to big boy eventually ? Not at all, with only RM100millions profit, it is still chicken feet compare to super big boy like PBBANK. Nevertheless, with above proposals RCECAP at least creating some big show here.
4. Good Luck all.
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