SOP

Rights Issue

SARAWAK OIL PALMS BERHAD

EX-date 11 Nov 2016
Entitlement date 15 Nov 2016
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to 127,756,817 new ordinary shares of RM1.00 each in Sarawak Oil Palms Berhad ("SOPB") ("SOPB Share(s)") ("Rights Share(s)") on the basis of two (2) Rights Shares for every seven (7) existing SOPB Shares held as at 5.00 p.m. on Tuesday, 15 November 2016 at an issue price of RM2.80 per Rights Share payable in full upon acceptance ("Rights Issue")
Period of interest payment   to  
Financial Year End 31 Dec 2016
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 SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel: (03) 7849 0777 Fax: (03) 7841 8151/8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 15 Nov 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 11 Nov 2016
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) 127,756,817
Entitlement indicator Ratio
Ratio 2 : 7
Rights Issue/Offer Price Malaysian Ringgit (MYR) 2.800
Par Value Malaysian Ringgit (MYR) 1.000


Remarks :
The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the circular to shareholders dated 26 September 2016 in relation to the Rights Issue.

The Abridged Prospectus, together with the Notices of Provisional Allotment and Rights Subscription Forms (collectively, "Documents"), will only be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date, at their address in Malaysia or who have provided the Company's Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. Foreign addressed Entitled Shareholders or renouncee(s) (if applicable) who have not provided to the Company with a registered address or an address for service in Malaysia, may collect the Documents from our Share Registrar, who is entitled to request such evidence as they deem necessary to satisfy themselves as to the identity and authority of the person collecting the Documents.

The Documents are not intended to be (and will not be) issued, circulated or distributed and the Rights Issue will not be made or offered or deemed to be made or offered for purchase or subscription, in any country or jurisdiction other than Malaysia or to persons who are or may be subject to the laws of any country or jurisdiction other than the laws of Malaysia. The Rights Issue to which this Abridged Prospectus relates is only available to persons receiving the Documents electronically or otherwise within Malaysia.

The date of listing of the Rights Shares to be issued pursuant to the Rights Issue on the Main Market of Bursa Malaysia Securities Berhad will be on 15 December 2016.


This announcement is dated 1 November 2016.


Announcement Info

Company Name SARAWAK OIL PALMS BERHAD
Stock Name SOP
Date Announced 01 Nov 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-01112016-00001


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