PARKWD
Rights Issue
| PARKWOOD HOLDINGS BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 137,585,442 NEW ORDINARY SHARES IN PARKWOOD HOLDINGS BERHAD (FORMERLY KNOWN AS AMALGAMATED INDUSTRIAL STEEL BERHAD) ("PARKWOOD" OR THE "COMPANY") ("PARKWOOD SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.18 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING ORDINARY SHARE IN PARKWOOD HELD BY ENTITLED SHAREHOLDERS OF PARKWOOD AT 5.00 P.M. ON 29 MARCH 2021 |
| Ex-Date | 26 Mar 2021 |
| Entitlement date | 29 Mar 2021 |
| Entitlement time | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 29 Mar 2021 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.1800 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | PARKWOOD HOLDINGS BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 1.0000 |
| Rights Crediting Date | 27 Apr 2021 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
| Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue (collectively, the "Documents") will only be despatched to the shareholders of Parkwood whose names appear in Parkwoods Record of Depositors as at 5.00 p.m. on 29 March 2021 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Boardroom Share Registrars Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 13 April 2021.
The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any country or jurisdiction other than the laws of Malaysia.
Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the Share Registrar, Boardroom Share Registrars Sdn Bhd, to effect the change of address by 5.00 p.m. on 13 April 2021.
This announcement is dated 11 March 2021. |
Announcement Info
| Company Name | PARKWOOD HOLDINGS BERHAD |
| Stock Name | PARKWD |
| Date Announced | 11 Mar 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-11032021-00004 |
| Corporate Action ID | MY210311RHDI0002 |