SERSOL

Rights Issue

SERSOL BERHAD

EX-date

27/03/2013
Entitlement date29/03/2013
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 96,351,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL (“SERSOL SHARES”) (“RIGHTS SHARES”), TOGETHER WITH UP TO 96,351,000 FREE DETACHABLE NEW WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING SERSOL SHARE HELD AT 5.00 P.M. ON 29 MARCH 2013 (“ENTITLEMENT DATE”) (“RIGHTS ISSUE OF SHARES 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 entitlements
Registrar's name ,address, telephone noBoardroom Corporate Services (KL) Sdn Bhd
Lot 6.05, Level 6
KPMG Tower
8 First Avenue
Bandar Utama
47800 Petaling jaya
Selangor Darul Ehsan
Tel: 03-7720 1188
Fax: 03-7720 1111
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers29/03/2013 
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)96351000 
Entitlement indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price 0.1

Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of SerSol who have a registered address in Malaysia and whose name appears in SerSol’s Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders who have not provided the share registrar of SerSol, Boardroom Corporate Services (KL) Sdn. Bhd., with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 5.00 p.m. on the Entitlement Date.

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

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

This announcement is dated 15 March 2013.


Announcement Info

Company NameSERSOL BERHAD (ACE Market) 
Stock Name SERSOL    
Date Announced15 Mar 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-130314-68473


View original