PGLOBE

Rights Issue

PARAGON GLOBE BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 559,967,499 NEW ORDINARY SHARES IN PARAGON GLOBE BERHAD ("PGB" OR THE "COMPANY") ("PGB SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING PGB SHARE HELD AS AT 5.00 P.M. ON FRIDAY, 27 AUGUST 2021 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TO RAISE PROCEEDS OF UP TO RM55,996,750 ("RIGHTS ISSUE")
Ex-Date 26 Aug 2021
Entitlement date 27 Aug 2021
Entitlement time 5:00 PM
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 27 Aug 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) 0.1000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
PARAGON GLOBE BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 3.0000  : 1.0000
Rights Crediting Date 27 Aug 2021
Fractional 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

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The abridged prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form relating to the Rights Issue (collectively referred to as the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's record of depositors as at 5.00 p.m. on Friday, 27 August 2021 ("Entitlement Date") ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by the Entitlement Date.

The Documents are not intended to be (and will not be) issued, circulated, distributed in any countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue and the Documents comply with the law of any countries or jurisdictions other than the laws of Malaysia. 

This announcement is dated 13 August 2021.


Announcement Info

Company Name PARAGON GLOBE BERHAD
Stock Name PGLOBE
Date Announced 13 Aug 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11082021-00003
Corporate Action ID MY210811RHDI0002


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