Announcement Details/Table Section :
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.
We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of R&A ("Board"), on 20 December 2011 and 16 January 2012.
On behalf of the Board of Directors of R&A, OSK Investment Bank Berhad ("OSK") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 20 January 2012 (which was received on 25 January 2012), resolved to approve the following:-
(i) Admission to the Official List and listing and quotation of 87,896,600 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and
(ii) Listing and quotation of 87,896,600 new R&A Shares to be issued pursuant to the exercise of the Warrants issued under the Proposed Bonus Issue of Warrants.
The approval by Bursa Securities is subject to the following conditions:-
(i) R&A and OSK must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Warrants;
(ii) R&A and OSK to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants;
(iii) R&A to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Warrants is completed; and
(iv) Payment of additional listing fees. R&A is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants, as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 25 January 2012.