SANICHI
Rights Issue
| SANICHI TECHNOLOGY BERHAD |
|
EX-date | 27/08/2014 |
| Entitlement date | 29/08/2014 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 644,891,820 new ordinary shares of RM0.10 each in Sanichi Technology Berhad (“STB”) (“STB Share(s)”) (“Rights Shares”) together with up to 429,927,880 free detachable warrants (“Warrants C”) at an issue price of RM0.10 per Rights Share on the basis of three (3) Rights Shares together with two (2) Warrants C for every two (2) existing STB Shares held at 5.00 p.m. on 29 August 2014, based on a minimum subscription level of 90,000,000 Rights Shares together with 60,000,000 Warrants C |
| 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 no | ShareWorks Sdn Bhd No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel: 603 – 6201 1120 Fax: 603 – 6201 3121 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 29/08/2014 |
| 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 | 3 : 2 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the “Documents”) in relation to the Rights Issue with Warrants will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 29 August 2014 (“Entitled Shareholders”). The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of STB to effect the change of address. Such notification should be done by 5.00 p.m. on 29 August 2014. 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 August 2014. |
Announcement Info
| Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | SANICHI |
| Date Announced | 15 Aug 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-140815-35426 |