MTOUCHE-WA
Adjustment
Amended Announcements
Please refer to the earlier announcement reference number: ENT-29082017-00008
| MTOUCHE TECHNOLOGY BERHAD |
| EX-date | 29 Sep 2017 |
| Entitlement date | 03 Oct 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2008/2018 ("WARRANTS A") AS SPECIFIED IN THE DEED POLL DATED 21 NOVEMBER 2007 ("DEED POLL A") AS A CONSEQUENCE OF THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 557,500,566 NEW ORDINARY SHARES IN MTOUCHE TECHNOLOGY BERHAD ("MTOUCHE" OR THE "COMPANY") ("MTOUCHE SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE TOGETHER WITH UP TO 278,750,283 FREE DETACHABLE WARRANTS IN MTOUCHE ("WARRANTS C") ON THE BASIS OF SIX (6) RIGHTS SHARES TOGETHER WITH THREE (3) FREE WARRANTS C FOR EVERY TWO (2) EXISTING MTOUCHE SHARES HELD BY THE ENTITLED SHAREHOLDERS OF MTOUCHE AT 5.00 P.M. ON 3 OCTOBER 2017 ("ENTITLED SHAREHOLDERS") ("RIGHTS ISSUE WITH WARRANTS") ("ADJUSTMENTS") |
| Period of interest payment | to |
| Financial Year End | 30 Jun 2018 |
| 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 | SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel:03 62011120 Fax:03 62013121 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 03 Oct 2017 |
| 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 | 88.7017 : 1000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
Reference is made to the Company's amended Notice of Book Closure in relation to the Rights Issue with Warrants, which has been announced separately today.
Holders of outstanding Warrants A ("Warrant A Holders") who wish to be entitled to the Rights Shares with Warrants should exercise their rights to subscribe for new mTouche Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, ShareWorks Sdn Bhd, on or before 5.00 p.m. on 26 September 2017. This is to enable the new mTouche Shares arising from such exercise to be allotted to the respective Warrant A Holders such that their names will appear on the Record of Depositors of mTouche by 5.00 p.m. on 3 October 2017.
Warrant A Holders who have not exercised their Warrants A by 5.00 p.m. on 26 September 2017 and whose names appear in the Record of Depositors for Warrants A as at 5.00 p.m. on 3 October 2017 would be entitled to the Adjustments. The notice of allotment for the additional Warrants A arising from the Adjustments will be despatched to the Warrant A Holders by 6 November 2017. The notice to Warrant A Holders (setting out details of the Adjustments) will be despatched in due course.
This announcement is dated 8 September 2017. |
Announcement Info
| Company Name | MTOUCHE TECHNOLOGY BERHAD |
| Stock Name | MTOUCHE-WA |
| Date Announced | 08 Sep 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-08092017-00005 |