Additional Listing Announcement /Subdivision of Shares
| MAGMA GROUP BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Set-off of redemption price pursuant to the redemption of 47,712,000 outstanding redeemable non-convertible preference shares in Magma Group Berhad ("Magma") ("RPS") amounting to RM47,712,000 payable to the RPS holder via the issuance of 166,417,858 new ordinary shares in Magma ("Subscription Share(s)") at an issue price of RM0.2867 per Subscription Share |
| No. of shares issued under this corporate proposal | 166,417,858 |
| Issue price per share | Malaysian Ringgit (MYR) 0.2867 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,930,064,503 |
| Issued Share Capital | Malaysian Ringgit (MYR) 360,655,666.380 |
| Listing Date | 08 Jul 2026 |
Announcement Info
| Company Name | MAGMA GROUP BERHAD |
| Stock Name | MAGMA |
| Date Announced | 07 Jul 2026 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-07072026-00001 |