HSSEB
Rights Issue
| HSS ENGINEERS BERHAD |
| EX-date | 19 Feb 2018 |
| Entitlement date | 21 Feb 2018 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 31,908,101 new ordinary shares in HSS Engineers Berhad ("HEB") ("Rights Shares") on the basis of one (1) Rights Share for every ten (10) existing ordinary shares in HEB ("HEB Shares") held as at 5.00 p.m. on 21 February 2018 at an issue price of RM1.30 per Rights Share, together with a bonus issue of up to 15,954,050 new HEB Shares ("Bonus Shares") on the basis of one (1) Bonus Share for every two (2) Rights Shares subscribed and up to 47,862,151 free detachable warrants (Warrants) on the basis of three (3) Warrants for every two (2) Rights Shares subscribed |
| 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 | 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 Tel:0327839299 Fax:0327839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 21 Feb 2018 |
| 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 | 1 : 10 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.300 |
| Par Value (if applicable) | |
| Remarks : |
Remarks:
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights with Bonus Issue and Warrants (collectively, the "Documents") will only be despatched to the shareholders of HEB who have a registered address in Malaysia and whose names appear in the Records of Depositors at 5.00 p.m. on 21 February 2018 ("Entitled Shareholders"). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Tricor Investor & Issuing House Services Sdn Bhd, being the Registrar for the Rights Issue of Shares, to effect the change of address by 21 February 2018.
The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue of Shares or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia.
This announcement is dated 5 February 2018. |
Announcement Info
| Company Name | HSS ENGINEERS BERHAD |
| Stock Name | HSSEB |
| Date Announced | 05 Feb 2018 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05022018-00006 |