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Mah Sing Group Bhd Announces Proposed Rights Issue With Warrants And Proposed Bonus Issue

Monday, 10 Dec 2012 04:53am EST 

Mah Sing Group Berhad (Mah Sing) announced that Mah Sing proposes to implement a proposed renounceable rights issue of new ordinary shares of MYR0.50 each in Mah Sing (Mah Sing Shares) together with free detachable warrants (Warrants) to raise gross proceeds of up to MYR400.0 million (Proposed Rights Issue with Warrants) and a proposed bonus issue of new Mah Sing Shares (Bonus Shares) to be credited as fully paid-up on the basis of one Bonus Share for every five Mah Sing Shares held after the Proposed Rights Issue with Warrants (Proposed Bonus Issue). 

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