ENGTEX
Rights Issue
| ENGTEX GROUP BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 110,829,825 NEW WARRANTS ("WARRANT(S)") IN ENGTEX GROUP BERHAD ("ENGTEX") ON THE BASIS OF 1 WARRANT FOR EVERY 4 EXISTING ORDINARY SHARES IN ENGTEX ("ENGTEX SHARE(S)") HELD AS AT 5.00 P.M. ON THURSDAY, 12 AUGUST 2021 AT AN ISSUE PRICE OF RM0.03 PER WARRANT ("RIGHTS ISSUE OF WARRANTS") |
| Ex-Date | 11 Aug 2021 |
| Entitlement date | 12 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 | 12 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) 0.0300 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | ENGTEX GROUP BERHAD |
| Entitlement | Warrant Rights |
| Ratio (New:Existing) | 1.0000 : 4.0000 |
| Rights Crediting Date | 12 Aug 2021 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
MEGA CORPORATE SERVICES SDN BHD Level 15-2, Bangunan Faber Imperial Court Jalan Sultan Ismail 50250 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:(03) 2692 4271 Fax:(03) 2732 5388 |
| Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue of Warrants (collectively, the "Documents") will only be despatched to the shareholders of Engtex whose names appear in Engtex's Record of Depositors as at 5.00 p.m. on 12 August 2021 ("Entitlement Date") at their address in Malaysia or who have provided the Share Registrar with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
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 Warrants and the Documents comply with the laws of any countries or jurisdictions other than the laws of Malaysia.
This announcement is dated 28 July 2021. |
Announcement Info
| Company Name | ENGTEX GROUP BERHAD |
| Stock Name | ENGTEX |
| Date Announced | 28 Jul 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-28072021-00003 |
| Corporate Action ID | MY210728RHDI0001 |