ASIAPLY

Rights Issue

ASIA POLY HOLDINGS BERHAD

EX-date 18 Nov 2015
Entitlement date 20 Nov 2015
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 175,829,920 NEW ORDINARY SHARES OF RM0.10 EACH IN ASIA POLY HOLDINGS BERHAD ("ASIA POLY") ("ASIA POLY SHARES") ("RIGHTS SHARES") ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ASIA POLY SHARE HELD AS AT 5.00 P.M. ON 20 NOVEMBER 2015 ("ENTITLEMENT DATE"), TOGETHER WITH UP TO 58,609,973 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED FOR, AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.05 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.05 IS TO BE CAPITALISED FROM ASIA POLY'S SHARE PREMIUM AND RETAINED EARNINGS ("TWO-CALL 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 entitlement
Registrar or Service Provider name, address, telephone no SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Block D13, Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:03-7849 0777 Fax:03-7841 8151/8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 20 Nov 2015
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) 175,829,920
Entitlement indicator Ratio
Ratio 2 : 1
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.100
Par Value Malaysian Ringgit (MYR) 0.100


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 Two-Call Rights Issue of Shares with Warrants will only be despatched to the shareholders of Asia Poly who have registered addresses in Malaysia and whose names appear in Asia Polys Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders with registered addresses outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of Asia Poly, Symphony Share Registrars Sdn Bhd, with a registered address in Malaysia in writing by 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 Two-Call 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 5 November 2015.


Announcement Info

Company Name ASIA POLY HOLDINGS BERHAD
Stock Name ASIAPLY
Date Announced 05 Nov 2015
Category Entitlement(Notice of Book Closure)
Reference Number ENT-02112015-00009


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