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Utusan Melayu Malaysia Bhd Announces Proposed Rights Issue

Tuesday, 12 Nov 2013 05:00am EST 

Utusan Melayu Malaysia Bhd announced that it proposed to undertake a renounceable two-call rights issue of up to 110,733,837 Rights Shares at an indicative issue price of MYR1.00 per Rights Share on the basis of one Rights Share for every one existing Utusan Share held at an entitlement date to be determined later by the Board (Entitlement Date), of which the indicative first call of MYR0.68 will be payable in cash upon application and the indicative second call of MYR0.32 is to be capitalised from the Company‚Äôs share account. 

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27 Aug 2015