OMESTI

0.165

+0.005 (+3.1%)

Rights Issue

OMESTI BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 119,775,812 NEW REDEEMABLE PREFERENCE SHARES ("RPS") IN OMESTI TOGETHER WITH UP TO 279,476,894 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RPS FOR EVERY 5 EXISTING ORDINARY SHARES TOGETHER WITH 7 FREE WARRANTS FOR EVERY 3 RPS SUBSCRIBED FOR, AT 5.00 P.M. ON 8 MARCH 2021 AT AN ISSUE PRICE OF RM1.00 PER RPS ("RIGHTS ISSUE OF RPS WITH WARRANTS")
Ex-Date 05 Mar 2021
Entitlement date 08 Mar 2021
Entitlement time 5:00 PM
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 08 Mar 2021
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 1.0000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
OMESTI BERHAD
Entitlement Preference Rights
Ratio (New:Existing) 1.0000  : 5.0000
Rights Crediting Date 08 Mar 2021
Fractional Entitlement
Registrar or Service Provider name, address, telephone no BINA MANAGEMENT (M) SDN BHD
Lot 10, The Highway Centre
Jalan 51/205

46050 Petaling Jaya

Selangor

Malaysia

Tel:0377843922
Fax:0377841988


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue of RPS with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 8 March 2021 (''Entitled Shareholders'') and who have a registered address in Malaysia or who have provided the Share Registrar, Bina Management (M) Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 8 March 2021.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue of RPS with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers or the Share Registrar, Bina Management (M) Sdn Bhd, to effect the change of address by 5.00 p.m. on 8 March 2021.

This announcement is dated 18 February 2021.


Announcement Info

Company Name OMESTI BERHAD
Stock Name OMESTI
Date Announced 18 Feb 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-05012021-00001
Corporate Action ID MY210105RHDI0001