ASIAPAC
Rights Issue
| ASIAN PAC HOLDINGS BERHAD |
| EX-date | 26 Apr 2017 |
| Entitlement date | 28 Apr 2017 |
| Entitlement time | |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO RM99,256,461 NOMINAL VALUE OF 5-YEAR 3% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS AT 100% OF ITS NOMINAL VALUE OF RM1.00 EACH ("ICULS") IN ASIAN PAC HOLDINGS BERHAD ("ASIAN PAC") ON THE BASIS OF 1 ICULS FOR EVERY 10 EXISTING ORDINARY SHARES IN ASIAN PAC HELD AS AT 5.00 P.M. ON 28 APRIL 2017, TOGETHER WITH UP TO 198,512,922 FREE NEW DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EACH ICULS SUBSCRIBED ("RIGHTS ISSUE OF ICULS 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 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. No.: +603 2783 9299 Fax. No.: +603 2783 9222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 28 Apr 2017 |
| 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) | 99,256,461 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 10 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.000 |
| Par Value | Malaysian Ringgit (MYR) 1.000 |
| Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form for the Rights Issue of ICULS with Warrants (collectively referred to as the "Documents"), will be despatched to the shareholders of Asian Pac whose names appear in the Record of Depositors as at 5.00 p.m. on 28 April 2017 ("Entitled Shareholders") who have a registered address in Malaysia or who have provided the Share Registrar with an address in Malaysia in writing on or before 5.00 p.m. on 28 April 2017.
The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of ICULS with Warrants and the Documents comply 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, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by 5.00 p.m. on 28 April 2017.
This announcement is dated 12 April 2017. |
Announcement Info
| Company Name | ASIAN PAC HOLDINGS BERHAD |
| Stock Name | ASIAPAC |
| Date Announced | 12 Apr 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-12042017-00007 |