INSAS

0.945

+0.03 (+3.3%)

Important Relevant Dates for Renounceable Rights

INSAS BERHAD

Entitlement subject Important Relevant Dates for Renounceable Rights
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS ("RIGHTS ISSUE WITH WARRANTS")
Despatch Date 05 Feb 2021
Date for commencement of trading of rights 04 Feb 2021
Date for cessation of trading of rights 11 Feb 2021
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 26 Feb 2021
Last date and time for :
Sale of provisional allotment of rights 10 Feb 2021 05:00 PM
Transfer of provisional allotment of rights 15 Feb 2021 04:30 PM
Acceptance and Payment 19 Feb 2021 05:00 PM
Excess share application and payment 19 Feb 2021 05:00 PM
Available/Listing Date 05 Mar 2021
Rights Securities will be listed and quoted as the existing securities of the same class No
To specify the entitlement that the holders of the Rights Securities will not be entitled to
The Rights RPS shall rank pari passu without any preference or priority amongst themselves and in priority to our existing Shares and other preference shares that may be created in future but shall rank behind all our Companys secured and unsecured obligations.
Other important dates as the listed issuer may deem appropriate
Entitlement Details
Company Name
INSAS BERHAD
Entitlement Preference Shares
Ratio (New : Existing) 2.0000 : 10.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 1.0000
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SHAREWORKS SDN BHD
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas

50480 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0362011120
Fax:0362013121


Remarks :
The last date and time for acceptance, excess application and payment is 19 February 2021 at 5.00 p.m.

This announcement is dated 18 January 2021.


Announcement Info

Company Name INSAS BERHAD
Stock Name INSAS
Date Announced 18 Jan 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-17012021-00002
Corporate Action ID MY210117EXRI0001