NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
:
COMPUGATES HOLDINGS BERHAD (“COMPUGATES” OR THE “COMPANY”)
• PROPOSED BONUS ISSUE OF 1,067,144,510 WARRANTS IN COMPUGATES ("WARRANTS" ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN COMPUGATES ("ROPOSED BONUS ISSUE OF WARRANTS"
On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd wishes to announce that the Company proposes to undertake a bonus issue of 1,067,144,510 warrants (“Warrants”) in Compugates on the basis of one (1) Warrant for every two (2) existing ordinary shares of RM0.10 each in Compugates.
Kindly refer to the attachment for further details of the abovesaid proposals.