B.I.G Industries Berhad 199001003718 (195285-D)B.I.G Industries Berhad 199001003718 (195285-D)
B.I.G Industries Berhad 199001003718 (195285-D)
Bintulu Industrial Gas
  • Home
  • About Us
  • Core Business
    • Gas Division
    • Concrete Division
    • Property Division
  • Investor Centre
    • Bursa Information
    • Financial Information
    • Annual General Meeting
  • Contact Us
Menu back  
November 24, 20152011By admin_bigind
Apr 1, 2011

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)

 

General Announcement
Reference No OS-110401-33805
Submitting Merchant Bank : PM SECURITIES SDN BHD
Company Name : B.I.G. INDUSTRIES BERHAD
Stock Name : BIG
Date Announced : 01/04/2011

 

Type : Announcement
Subject :
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)
Description :
B.I.G. INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”)

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED RIGHTS ISSUE; AND
(III) PROPOSED AMENDMENTS.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Announcement Details/Table Section : 

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 8 December 2010 in relation to the Proposals.

 

We refer to our announcements dated 8 December 2010, 13 December 2010, 4 January 2011, 24 January 2011 and 7 March 2011 on the above as well as the announcement dated 25 February 2011 by BIG in relation to the acceptance of the Corporate Debt Restructuring Committee to mediate between BIG and its unsecured financial lender.

 

 

 

 

BIG wishes to inform that the Company is currently in the midst of finalising the debt restructuring scheme with its unsecured financial lender which potentially may affect the terms and conditions of the Proposals.

 

 

 

 

As such, PM Securities, on behalf of BIG, has submitted an application to Bursa Securities on even date to seek its approval for an extension of time of up to 2 July 2011 to submit an application to Bursa Securities for the listing of and quotation for the ICULS and Warrants to be issued pursuant to the Proposed Rights Issue and the new BIG Shares to be issued upon the conversion of ICULS and exercise of Warrants.

 

 

 

 

This announcement is dated 1 April 2011.

About the author

admin_bigind

Related posts
Jan 4, 2011 QUARTERLY DISCLOSURE OF INFORMATION IN RELATION TO MONEY LENDING COMPANY PURSUANT TO PARAGRAPH 8.23(2)(e) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”).
November 24, 2015
Jan 4, 2011 B.I.G INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”) (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED RIGHTS ISSUE; AND (III) PROPOSED AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
November 24, 2015
Jan 24, 2011 B.I.G. INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”) (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED RIGHTS ISSUE; AND (III) PROPOSED AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
November 24, 2015
Feb 25, 2011 OTHERS: B.I.G. INDUSTRIES BERHAD (“BIG” OR “THE COMPANY”) – PROPOSED DEBT RESTRUCTURING SCHEME The Board of Directors of the Company wishes to announce that the Corporate Debt Restructuring Committee (“CDRC”) has via its letter dated 25 February 201
November 24, 2015
Feb 28, 2011 Quarterly rpt on consolidated results for the financial period ended 31/12/2010
November 24, 2015
Mar 7, 2011 B.I.G. INDUSTRIES BERHAD (“BIG” OR THE “COMPANY”) (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED RIGHTS ISSUE; AND (III) PROPOSED AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
November 24, 2015
B.I.G Industries Berhad 199001003718 (195285-D)
Copyright B.I.G Industries Berhad 199001003718 (195285-D)