96
ASIAMEDIAGROUPBERHAD
(813137-V)
Notes to theFinancial Statements
(Cont’d)
14) SHARECAPITAL
(Cont’d)
Asapprovedby theshareholdersat theAnnualGeneralMeetingheldon23rdJune2011, the issued
andpaid-up share capital of theCompanywas increased fromRM22,800,000 toRM23,940,000
in 2012 by the allotment of 11,400,000 new ordinary shares of RM0.10 each in theCompany at
an issue price of RM0.37 per new ordinary share for cash byway of private placement.Also, as
approvedby theshareholdersat theAnnualGeneralMeetingheldon23rdMay2012, the issued
andpaid-up share capital of theCompanywas increased fromRM23,940,000 toRM25,080,000
during the financial year by the allotment of 11,400,000 new ordinary shares of RM0.10 each in
the Company at an issue price of RM0.385 per new ordinary share for cash by way of private
placement.
The resultant share premium arising from the shares issued in 2012 of RM6,327,000 has been
credited to the share premium account.All the new ordinary shares issued rank pari passuwith
the thenexistingordinary shares of theCompany.
Further, as approvedby the shareholders of theCompany at theExtraordinaryGeneral Meeting
held on 5th December 2012, the authorised share capital of the Company was increased
from RM50,000,000 to RM100,000,000 during the financial year by the creation of additional
500,000,000newordinary sharesof RM0.10each.Also, the issuedandpaid-up share capital of
the Company was increased further fromRM25,800,000 to RM50,160,000 during the financial
year by way of bonus issue of 250,800,000 new ordinary shares of RM0.10 each on the basis
of one new ordinary share for every one existing share through capitalisation of RM25,080,000
from theCompany’s share premium account and retained earnings.
As approvedby the shareholders of theCompany at theExtraordinaryGeneral Meetingheldon
29thJuly2013, theauthorisedsharecapital of theCompanywas increased fromRM100,000,000
to RM200,000,000 during the financial year by the creation of additional 1,000,000,000 new
ordinarysharesofRM0.10each.Also, the issuedandpaid-upsharecapital of theCompanywas
increased fromRM50,160,000 toRM94,665,214during thefinancial yearbywayof a rights issue
of445,052,137newordinarysharesofRM0.10eachatan issuepriceofRM0.11perordinaryshare
on the basis of one (1) new ordinary share of RM0.10 each for every one (1) existing ordinary
shareof RM0.10 each together with one (1) warrant for every four (4) rights shares subscribed.
The issuedandpaid-upsharecapital of theCompanywas increased further fromRM94,665,214
toRM104,131,714 during the financial year by the allotment of 94,665,000 new ordinary shares
of RM0.10each in theCompanyat an issuepriceof RM0.10per newordinary share for cashby
way of private placement.
All the new ordinary shares issued rank pari passuwith the then existing ordinary shares of the
Company.
