Description |
Proposed Capitalisation of the advances amounting to RM180,000,000 owing to a Director of Tropicana Corporation Berhad ("TCB" or the "Company"), namely Tan Sri Dato' Tan Chee Sing ("TSDT") through the issuance of 137,677,833 new ordinary shares in TCB ("Shares" or "TCB Shares") at an issue price of RM1.3074 per share to a company wholly owned by TSDT, namely T Shares 1 Sdn Bhd ("Proposed Capitalisation")
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