Additional Listing Announcement /Subdivision of Shares
| CWG HOLDINGS BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Rights Issue |
| Details of corporate proposal | RENOUNCEABLE RIGHTS ISSUE OF UP TO 147,317,119 NEW ORDINARY SHARES IN CWG HOLDINGS BERHAD ("CWG" OR THE "COMPANY") ("CWG SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.18 PER RIGHTS SHARE, ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 5 EXISTING CWG SHARES HELD ON MONDAY, 9 SEPTEMBER 2024 ("RIGHTS ISSUE") |
| No. of shares issued under this corporate proposal | 98,220,965 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.1800 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 262,369,088 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 96,031,033.200 |
| Listing Date | 08 Oct 2024 |
Announcement Info
| Company Name | CWG HOLDINGS BERHAD |
| Stock Name | CWG |
| Date Announced | 07 Oct 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-07102024-00007 |