1 share give you 1 bonus.
Share price will adjust down.
1 free warrant will be your earning, have to depend of the exercise price.
| Company Name | ASIA MEDIA GROUP BERHAD (ACE Market) |
| Stock Name | AMEDIA |
| Date Announced | 5 Oct 2012 |
| Category | General Announcement |
| Reference No | OS-121005-42482 |
| Admission Sponsor | PM Securities Sdn Bhd |
| Sponsor | TA Securities Holdings Bhd |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description | 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”) |
On behalf of the Board of Directors of AMEDIA (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:-
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(i)���������������� Proposed bonus issue of 250,800,000 new ordinary shares of RM0.10 each in AMEDIA (“AMEDIA Shares” or “Shares”) (“Bonus Shares”) on the basis of one (1) Bonus Share for every one (1) existing AMEDIA Share held at an entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue of Shares”);
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(ii)�������������� Proposed issue of 250,800,000 free warrants (“Warrants”) on the basis of one (1) Warrant for every one (1) existing AMEDIA Share held at the same Entitlement Date as the Proposed Bonus Issue of Shares (“Proposed Free Warrants Issue”);
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(iii)������������ Proposed increase in the authorised share capital of AMEDIA from RM50,000,000 comprising 500,000,000 AMEDIA Shares to RM100,000,000 comprising 1,000,000,000 AMEDIA Shares (“Proposed Increase in the Authorised Share Capital”); and
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(iv)������������ Proposed amendment to the Company’s Memorandum of Association as a consequence of the Proposed Increased in the Authorised Share Capital (“Proposed Amendment”).
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Further details on the Proposals are set out in the attachment.
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This announcement is dated 5 October 2012.
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