Stock Name
:
DAYA   Date Announced
:
11/11/2014

Type
:
Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description
:
DAYA MATERIALS BERHAD ("DMB" OR "COMPANY")

(I) PROPOSED ACQUISITION OF "SIEM DAYA 1"
(II) PROPOSED ACQUISITION OF "SIEM DAYA 2"
(III) PROPOSED PLACEMENT
(IV) PROPOSED RIGHTS ISSUE
(V) PROPOSED BONDS ISSUE
(VI) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS"

Announcement Details/Table Section :


Reference is made to the announcement on 22 August 2014 in relation to the Proposals ("Announcement"). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement.

On behalf of the Board,HLIB wishes to announce on behalf of the Board that due to the prevailing market condition, our Board has decided that the discount to the Rights Issue Price shall be at no less than 20% to the TERP of DMB Shares immediately before the price-fixing date, but shall in no event be lower than the par value of DMB Shares of RM0.10 each.

All the other terms and conditions of the Proposals remain unchanged.

This announcement is dated 11 November 2014.
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