Rights Issue
| SAM ENGINEERING & EQUIPMENT (M) BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 135,397,357 NEW ORDINARY SHARES IN SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAMEE" OR "COMPANY") ("SAMEE SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM3.60 PER RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING SAMEE SHARES HELD AS AT 5.00 P.M. ON TUESDAY, 23 JANUARY 2024 |
| Ex-Date | 22 Jan 2024 |
| Entitlement date | 23 Jan 2024 |
| 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 | 23 Jan 2024 |
| 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) |
135,397,357 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 3.6000 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | SAM ENGINEERING & EQUIPMENT (M) BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 4.0000 |
| Rights Crediting Date | 23 Jan 2024 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD (PENANG) Suite 18.05, MWE Plaza No. 8 Lebuh Farquhar 10200 George Town Pulau Pinang Malaysia Tel:042631966 Fax:042628544 |
| Remarks : |
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights Issue (collectively, the "Documents") will only be despatched to the shareholders of the Company who have a registered address in Malaysia and whose names appear in the Record of Depositors of the Company at 5.00 p.m. on 23 January 2024 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the Share Registrar with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Securities Services (Holdings) Sdn Bhd to effect the change of address by the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated, distributed in any countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue and the Documents comply with the law of any countries or jurisdictions other than the laws of Malaysia.
This announcement is dated 9 January 2024. |
Announcement Info
| Company Name | SAM ENGINEERING & EQUIPMENT (M) BERHAD |
| Stock Name | SAM |
| Date Announced | 09 Jan 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-09012024-00001 |
| Corporate Action ID | MY240109RHDI0001 |