DIETHELM Holdings (M) Bhd announced yesterday plans to undertake several corporate exercises, including a restricted issue of 75 million new shares of RM1 each and the extension of the tenure of its 82 million redeemable cumulative preference shares (RCPS) of one sen each to June 17, 2009.
The company said in a filing with the MSEB that the proposed restricted share issue represented about 47.6% of its enlarged issued and paid-up capital and would be made to Dihoma Sdn Bhd at an issue price of RM1 per share.
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