PUC
Rights Issue
| PUC FOUNDER (MSC) BERHAD |
| EX-date | 15 Jan 2016 |
| Entitlement date | 19 Jan 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to RM83,901,476.75 nominal value of three (3)-year, 4%, irredeemable convertible unsecured loan stocks ("ICULS") at 100% of the nominal value of RM0.05 each ("Rights ICULS") on the basis of twenty eight (28) RM0.05 nominal value of the ICULS for every twenty (20) existing ordinary shares of RM0.10 each in PUCF held at 5.00 p.m. on 19 January 2016 together with up to 419,507,384 free new detachable warrants ("Warrants-B") on the basis of seven (7) Warrants-B for every twenty eight (28) Rights ICULS subscribed ("Rights Issue of ICULS with Warrants"). |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | MEGA CORPORATE SERVICES SDN BHD Level 15-2, Bangunan Faber Imperial Court Jalan Sultan Ismail 50250 Kuala Lumpur Tel No.: 603-2692 4271 Fax No.: 603-2732 5388 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 19 Jan 2016 |
| 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) | |
| Entitlement indicator | Ratio |
| Ratio | 28 : 20 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.050 |
| Par Value | Malaysian Ringgit (MYR) 0.050 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents") in relation to the Rights Issue of ICULS with Warrants will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 19 January 2016 ("Entitled Shareholders").
The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of PUCF to effect the change of address. Such notification should be done by 5.00 p.m. on 19 January 2016.
The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.
This announcement is dated 4 January 2016. |
Announcement Info
| Company Name | PUC FOUNDER (MSC) BERHAD |
| Stock Name | PUC |
| Date Announced | 04 Jan 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-04012016-00005 |