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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters Stock Report
Provider: Wright Reports

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Macro Corp Ltd Announces Underwriting Agreement For Rights Issue And Public Offer

Monday, 28 Jan 2013 06:15pm EST 

Macro Corp Ltd announced that it has entered into a AUD 2,000,000 underwriting agreement with Berlian Ferries Pte Ltd (Berlian Ferries or Underwriter). Pursuant to the underwriting agreement, Berlian Ferries has agreed to fully underwrite; an offer of approximately 5,000,000 new fully paid ordinary shares in the Company (New Shares) to eligible shareholders at AUD 0.20 per New Share by way of a non-renounceable Rights Issue to raise approximately AUD 1,000,000 (Rights Issue); and a public offer of 5,000,000 New Shares at AUD 0.20 per New Share to raise AUD 1,000,000 (Public Offer). The Company is currently in the process of preparing a Prospectus for the Rights Issue and Public Offer. An indicative timetable for the Rights Issue and Public Offer and quotation of the Company‚Äôs shares on ASX will be released to ASX in the coming weeks. 

Company Quote

-0.0050 -1.47%
18 Oct 2012