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Publication of PUCF Abridged Prospectus

19th Jan 2016 08:20

RNS Number : 2775M
Resource Holding Management Limited
19 January 2016
 



19 January 2016

 

Resource Holding Management Limited

("RHM" or the "Company")

 

Publication of PUCF Abridged Prospectus

 

 

Further to the previous announcements made by the Company regarding the proposal by PUCF Founder (MSC) Berhad ("PUCF") to conduct, inter alia, a rights issue of three-year 4% irredeemable convertible unsecured loan stock ("ICULS") with warrants (collectively the "PUCF Rights Issue"), the Board of RHM (AIM:RHM) notes the announcement made today by PUCF in respect of the publication of an abridged prospectus (the "Abridged Prospectus"), which is part of the process for the PUCF Rights Issue. PUCF's Abridged Prospectus has today been uploaded onto the website of the Bursa Malaysia and will be posted to shareholders of PUCF on 21 January 2016.

 

RHM's wholly-owned subsidiary, RedHot Media International Limited ("RMIL"), currently holds 443,168,402 ordinary shares in PUCF (the "PUCF Shares"), which represents 41.58% of PUCF's issued share capital, and 36,215,840 warrants to subscribe for new PUCF Shares.

 

RHM will make further announcements in respect of the PUCF Rights Issue as appropriate.

 

PUCF's full Abridged Prospectus can be accessed via the following link:

 

http://www.rns-pdf.londonstockexchange.com/rns/2775M_1-2016-1-19.pdf

 

For further information please contact:

 

Resource Holding Management Limited

Cheong Chia Chieh

Tel: +852 8192 6166

 

Allenby Capital Limited (Nominated Adviser and Broker)

Tel: +44 (0)203 328 5656

Nick Athanas / Alex Brearley

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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