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Malaysia Airlines rights issue oversubscribed; announces call warrants issue

9-Mar-2010 9:18 AM

Malaysia Airlines, Maybank Investment Bank Berhad and CIMB Investment Bank Berhad announced (08-Mar-2010) that, as at the close of the carrier's rights issue on 03-Mar-2010, the total valid acceptances and excess applications received were 1.8 billion rights shares amounting to MYR2.9 billion, representing an over-subscription of 7.7%. [more] Malaysia Airlines has now announced (08-Mar-2010) a proposed issue by CIMB Bank of up to 50 million European-style non-collateralised cash-settled call warrants over ordinary shares of MYR1.00 each in the carrier. [more]