Apr 8, 2011

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

 

General Announcement
Reference No OS-110408-40279
Submitting Merchant Bank : PM SECURITIES SDN BHD
Company Name : B.I.G. INDUSTRIES BERHAD
Stock Name : BIG
Date Announced : 08/04/2011

 

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, 7 March 2011 and 1 April 2011on the above.

 

On behalf of the Board of Directors of BIG, PM Securities wishes to announce that Bursa Securities had, vide its letter dated 7 April 2011, granted the approval to BIG for an extension of time until 2 July 2011 to comply with Paragraph 9.33(1)(a) of the Main Market Listing Requirements of Bursa Securities in relation to the submission of the draft Circular for the Proposals.

 

This announcement is dated 8 April 2011.