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发表于 12-10-2012 10:31 PM
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HUBLINE BERHAD | 12/10/2012 05:17:08 PM |
Type | Announcement | Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING | Description | HUBLINE BERHAD (“HUBLINE” OR THE “COMPANY”)
RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 1,080,378,031 NEW ORDINARY SHARES OF RM0.20 EACH IN HUBLINE (“RIGHTS SHARE(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.20 EACH HELD IN HUBLINE (“HUBLINE SHARE(S)”) TOGETHER WITH 432,151,212 FREE DETACHABLE NEW WARRANTS 2009/2019 (“WARRANT(S) 2009/2019”) (“ADDITIONAL WARRANT(S)”) ON THE BASIS OF TWO (2) ADDITIONAL WARRANTS FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED IN HUBLINE AT 5.00 P.M. ON 20 SEPTEMBER 2012, AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.07 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.13 IS TO BE CAPITALISED FROM HUBLINE’S SHARE PREMIUM AND RETAINED EARNINGS ACCOUNTS (“RIGHTS ISSUE”) | The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the Abridged Prospectus issued by Hubline dated 20 September 2012.
We refer to the earlier announcements in relation to the Rights Issue as well as the Abridged Prospectus issued by Hubline dated 20 September 2012.
On behalf of the Board of Directors of Hubline (“Board”), we wish to announce that as at the date of the closing of acceptance and payment for the Rights Issue at 5.00 p.m. on 8 October 2012 (“Closing Date”), the Rights Shares with Additional Warrants have been oversubscribed by 0.09% over the total number of 1,080,378,031 Rights Shares with 432,151,212 Additional Warrants available for subscription under the Rights Issue.
The details of the acceptances and excess applications received as at the Closing Date are set out in the table below:-
 | No. of Rights Shares | % | Acceptances | 396,981,988 | 36.74 | Excess applications | 684,368,893 | 63.35 | Total acceptances and excess applications | 1,081,350,881 | 100.09 | Total Rights Shares available for subscription | (1,080,378,031) | (100.00) | Over subscription | 972,850 | 0.09 | The Board has determined that the excess Rights Shares with Additional Warrants applied for under the Rights Issue will be allotted in the manner as disclosed in Section 3.8 of the Abridged Prospectus dated 20 September 2012.
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