Tuesday, April 27, 2010

Allianz Malaysia Berhad : Proposed Rights Issue Of ICPS - 27/04/2010

Rights issue proposed. Allianz yesterday proposed a renounceable rights issue of new irredeemable convertible preference shares (ICPS). Other than the targeted gross proceeds of RM611m, and the preferential dividend rate of 1.2x the declared dividend for Allianz shares in the same year, other terms of the proposal have yet to be determined.

Allianz Malaysia Berhad : Proposed Rights Issue Of ICPS -27/04/2010

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