ASIAPLY
Rights Issue
Amended Announcements
Please refer to the earlier announcement reference number: ENT-25102017-00006
| ASIA POLY HOLDINGS BERHAD |
| EX-date | 15 Nov 2017 |
| Entitlement date | 17 Nov 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 390,023,853 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ASIA POLY HOLDINGS BERHAD ("ASIA POLY") ("ICPS") ON THE BASIS OF 1 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE IN ASIA POLY ("ASIA POLY SHARE") HELD AS AT 5.00 P.M. ON 17 NOVEMBER 2017 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.05 PER ICPS, TOGETHER WITH UP TO 97,505,963 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 4 ICPS SUBSCRIBED FOR ("RIGHTS ISSUE OF ICPS 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 Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Tel. no. : 03-7849 0777 Fax. no. : 03-7841 8151 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 29 Nov 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) | 390,023,853 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.050 |
| Par Value (if applicable) | |
| Remarks : |
The Board had on 7 November 2017 announced the changes to the Ex-Date and the Entitlement Date of the Rights Issue of ICPS with Warrants.
The Board had decided on the above changes to allow more time for the Company to make further updates to its abridged prospectus in relation to the Rights Issue of ICPS with Warrants.
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 ICPS 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. Any Entitled Shareholder who wishes to receive the Documents is required to provide Asia Polys share registrar, 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 for issuance, circulation or distribution in countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue of ICPS 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 no later than 2 market days after the Entitlement Date.
This announcement is dated 7 November 2017. |
Announcement Info
| Company Name | ASIA POLY HOLDINGS BERHAD |
| Stock Name | ASIAPLY |
| Date Announced | 07 Nov 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-07112017-00002 |