19 Jan 2016 08:20
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 |