3 Nov 2017

MULTIPLE PROPOSALS

Author: admin | Filed under: Announcement

MULTIPLE PROPOSALS MESB BERHAD (“MESB” OR THE “COMPANY”) (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY, THE “PROPOSALS”)

MESB BERHAD
Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (“MESB” OR THE “COMPANY”)

(I)             PROPOSED SHARE SPLIT; AND

(II)            PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY, THE “PROPOSALS”)

We refer to the Company’s announcements dated 19 October 2017 and 27 October 2017 in relation to the Proposals. On behalf of the Board of Directors of the Company, KAF Investment Bank Berhad wishes to announce that the conditionality of the Proposals has been revised as follows:-

Existing Conditionality Revised Conditionality
The Proposed Bonus Issue of Warrants and the Proposed Share Split are inter-conditional upon one another. In addition, the Proposals are not conditional upon any other corporate proposals undertaken or to be undertaken by MESB. The Proposed Bonus Issue of Warrants is conditional upon the Proposed Share Split but not vice versa. In addition, the Proposals are not conditional upon any other corporate proposals undertaken or to be undertaken by MESB.

This announcement is dated 3 November 2017.

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