Additional Listing Announcement /Subdivision of Shares
| MERCURY INDUSTRIES BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MIB IN ACCORDANCE WITH A GENERAL MANDATE PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 2,678,000 |
| Issue price per share | Malaysian Ringgit (MYR) 0.7300 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 70,730,330 |
| Issued Share Capital | Malaysian Ringgit (MYR) 85,839,505.000 |
| Listing Date | 02 Sep 2025 |
| Remarks : |
The latest issued share capital of RM85,839,505.000 is before the deduction of the estimated expenses in relation to the second and final tranche of the Proposed Private Placement. |
Announcement Info
| Company Name | MERCURY INDUSTRIES BERHAD |
| Stock Name | MERCURY |
| Date Announced | 29 Aug 2025 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-28082025-00018 |