The stake in ALT comprises 10 . 22 million RM1 shares and 6 . 68 million 7 . 5 per cent non-convertible cumulative redeemable preference shares of US $ 1 each, while that in ALT2 51, 000 RM1 shares and 2 . 14 million 7 . 5 per cent non-convertible redeemable preference shares of US $ 1 each.
32.
To satisfy SH Suria's acquisition consideration of RM722 . 72 million cash and the general offer of the remaining shares, SH Suria proposes to issue to PACL up to 735, 000 of Class A 15 year non-cumulative non convertible redeemable preference shares of one sen each at RM1, 000 per share which will raise cash of up to RM735 million.
33.
THE Foreign Investment Committee ( FIC ) has approved Pacific Chemicals Bhd's proposed acquisition of 2 . 25 million shares, or 45 per cent equity, in Wijaya Baru Sdn Bhd from Datuk Tiong King Sing, and the proposed subscription of 25 million shares and 502 . 01 million new 1 per cent redeemable preference shares in Great Profile Sdn Bhd.
34.
The scheme will also involve the acquisition by Orix Corp ( Orix ) of 6.5 million shares of RM1.00 each, representing 13 per cent of the issued and paid-up capital of UOL, from Amanah Merchant Bank Bhd and the subscription by Orix of one million redeemable preference shares of RM1.00 each in UOL at an issue price of RM100 per share.
35.
The scheme will also involve the acquisition by Orix Corp ( Orix ) of 6 . 5 million shares of RM1 . 00 each, representing 13 per cent of the issued and paid-up capital of UOL, from Amanah Merchant Bank Bhd and the subscription by Orix of one million redeemable preference shares of RM1 . 00 each in UOL at an issue price of RM100 per share.
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