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 |