Rumours say their Bonus issue will not go through.
But fact is TA submit application to SC today.
This should be good news to AMEDIA.
Do you dare to HOOT AMEDIA????
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES ASIA MEDIA GROUP BERHAD (“AMEDIA” OR THE “COMPANY”) (I) PROPOSED BONUS ISSUE OF SHARES; (II) PROPOSED FREE WARRANTS ISSUE; (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; AND (IV) PROPOSED AMENDMENT. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to our announcement dated 5 October 2012 in relation to the Proposals. All abbreviations herein shall have the same meanings as those used in the abovementioned announcement unless stated otherwise.
On behalf of the Board, TA Securities wishes to announce that the following applications have been submitted today:
(i) the listing application to Bursa Securities for the admission of the Warrants to be issued pursuant to the Proposed Free Warrants Issue to the Official List of Bursa Securities and the listing of and quotation for the Warrants, new AMEDIA Shares to be issued pursuant to the exercise of the Warrants and Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares on the ACE Market of Bursa Securities; and
(ii) the application to Bank Negara Malaysia for the issuance of the Warrants to non-residents shareholders of AMEDIA and any additional Warrants to be issued in consequence of any adjustment to be made from time to time pursuant to provisions of the Deed Poll.
This announcement is dated 17 October 2012.
5 of October Announcement