Proposed renounceable two-call rights issue of up to 1,526,559,774 new ordinary shares of RM0.50 each in Mulpha at an indicative issue price of RM0.50 per rights share of which the 1st call of RM0.30 is payable in full on application in cash and the second call of RM0.20 is capitalised from the company’s share premium account, on the basis of one rights share for one existing ordinary shares held at an entitlement date to be determined later.