MLAB
Rights Issue
MLABS SYSTEMS BERHAD |
Entitlement subject | Rights Issue |
Type | Renounceable |
Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 755,123,412 NEW ORDINARY SHARES IN MLABS ("MLABS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.09 PER RIGHTS SHARE TOGETHER WITH UP TO 440,488,657 FREE DETACHABLE WARRANTS IN MLABS ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 13 NOVEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS") |
Ex-Date | 12 Nov 2020 |
Entitlement date | 13 Nov 2020 |
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 | 13 Nov 2020 |
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) 0.0900 |
Par Value (if applicable) | |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | MLABS SYSTEMS BERHAD |
Entitlement | Ordinary Rights |
Ratio (New:Existing) | 6.0000 : 1.0000 |
Rights Crediting Date | 13 Nov 2020 |
Fractional Entitlement |
Registrar or Service Provider name, address, telephone no |
TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue 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 13 November 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 13 November 2020. 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 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 to effect the change of address by 5.00 p.m. on 13 November 2020. This announcement is dated 30 October 2020. |
Announcement Info
Company Name | MLABS SYSTEMS BERHAD |
Stock Name | MLAB |
Date Announced | 30 Oct 2020 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-30102020-00013 |
Corporate Action ID | MY201030RHDI0001 |