Important Relevant Dates for Renounceable Rights
| OMESTI BERHAD |
| Entitlement subject | Important Relevant Dates for Renounceable Rights |
| 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") |
| Despatch Date | 10 Mar 2021 |
| Date for commencement of trading of rights | 09 Mar 2021 |
| Date for cessation of trading of rights | 16 Mar 2021 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 30 Mar 2021 |
| Last date and time for : | |
| Sale of provisional allotment of rights | 15 Mar 2021 05:00 PM |
| Transfer of provisional allotment of rights | 17 Mar 2021 04:30 PM |
| Acceptance and Payment | 23 Mar 2021 05:00 PM |
| Excess share application and payment | 23 Mar 2021 05:00 PM |
| Available/Listing Date | 07 Apr 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 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 Company's secured and unsecured obligations. |
| Other important dates as the listed issuer may deem appropriate | |
| Entitlement Details | |
| Company Name | OMESTI BERHAD |
| Entitlement | Preference Shares |
| Ratio (New : Existing) | 1.0000 : 5.0000 |
| Rights Issue / Offer Price | Malaysian Ringgit (MYR) 1.0000 |
| 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 last date and time for acceptance, excess application and payment is 23 March 2021 at 5.00 p.m. 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-18022021-00010 |
| Corporate Action ID | MY210218EXRI0001 |