MULTIPLE PROPOSALS Century Logistics Holdings Berhad (“Century” or “Company”) (i) Proposed bonus issue of up to 61,032,148 new ordinary shares of RM1.00 each in Century (“Century Share(s)”) (“Bonus Share(s)”) to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing Century Shares held on an entitlement date to be determined later (“Proposed Bonus Issue”); (ii) Proposed share split involving the subdivision of one (1) Century Share (existing and Bonus Shares) held on the entitlement date after the Proposed Bonus Issue into two (2) ordinary shares of RM0.50 each in Century ("Subdivided Shares") (“Proposed Share Split”); and (iii) Proposed amendments to the Memorandum and Articles of Association ("M&A") of Century to facilitate the Proposed Share Split (“Proposed Amendments”). (Collectively referred to as the “Proposals”).
| CENTURY LOGISTICS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | Century Logistics Holdings Berhad (“Century” or “Company”) (i) Proposed bonus issue of up to 61,032,148 new ordinary shares of RM1.00 each in Century (“Century Share(s)”) (“Bonus Share(s)”) to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing Century Shares held on an entitlement date to be determined later (“Proposed Bonus Issue”); (ii) Proposed share split involving the subdivision of one (1) Century Share (existing and Bonus Shares) held on the entitlement date after the Proposed Bonus Issue into two (2) ordinary shares of RM0.50 each in Century ("Subdivided Shares") (“Proposed Share Split”); and (iii) Proposed amendments to the Memorandum and Articles of Association ("M&A") of Century to facilitate the Proposed Share Split (“Proposed Amendments”). (Collectively referred to as the “Proposals”). |
On behalf of the Board of Directors of Century, MIDF Amanah Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposals, details of which are set out in the attachment below. This announcement is dated 10 July 2014. | |
Announcement Info
| Company Name | CENTURY LOGISTICS HOLDINGS BERHAD |
| Stock Name | CENTURY |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | CU-140710-48653 |
