SUMATEC

Rights Issue

SUMATEC RESOURCES BERHAD

EX-date

17/10/2013
Entitlement date21/10/2013
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 2,722,220,957 NEW ORDINARY SHARES OF RM0.14 EACH IN SUMATEC RESOURCES BERHAD ("SUMATEC") ("RIGHTS SHARES") TOGETHER WITH 680,555,239 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF FORTY-ONE (41) RIGHTS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM0.14 EACH IN SUMATEC TOGETHER WITH ONE (1) WARRANT FOR EVERY FOUR (4) RIGHTS SHARES SUBSCRIBED AT AN ISSUE PRICE OF RM0.175 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE 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 entitlements
Registrar's name ,address, telephone noMega Corporate Services Sdn Bhd
Level 15-2, Bangunan Faber Imperial Court
Jalan Sultan Ismail
50250 Kuala Lumpur
Tel: 03-26924271
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers21/10/2013 
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)2722220957 
Entitlement indicatorRatio
Ratio 41 : 10
Rights Issues/Offer Price 0.175

Remarks :
Shareholders' approval for the Rights Issue with Warrants was obtained on 21 June 2013.

The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as "Documents") in relation to the Rights Issue with Warrants will be despatched on 23 October 2013 to the entitled shareholders of Sumatec whose names appear on the Record of Depositors of Sumatec on 21 October 2013.

The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of Sumatec:-

(i) who do not have a registered address in Malaysia in the Record of Depositors; or

(ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 21 October 2013, being the entitlement date for the Rights Issue with Warrants.

This announcement is dated 3 October 2013.


Announcement Info

Company NameSUMATEC RESOURCES BERHAD  
Stock Name SUMATEC    
Date Announced3 Oct 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-130823-6748F


View original