VELESTO
Rights Issue
| UMW OIL & GAS CORPORATION BERHAD |
| EX-date | 20 Sep 2017 |
| Entitlement date | 25 Sep 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 6,053,600,000 new ordinary shares in UMW Oil & Gas Corporation Berhad ("UMW-OG") ("Rights Shares") at an issue price of RM0.30 per Rights Share on the basis of fourteen (14) Rights Shares for every five (5) ordinary shares in UMW-OG held as at 5.00 P.M. on 25 September 2017, together with up to 1,513,400,000 free detachable warrants ("Warrants") on the basis of (1) Warrant for every four (4) Rights Shares subscribed ("Rights Issue With Warrants") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2017 |
| 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 | Securities Services (Holdings) Sdn Bhd Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Malaysia Tel. no.: 03 2084 9000 Fax no.: 03 2094 9940 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25 Sep 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) | |
| Entitlement indicator | Ratio |
| Ratio | 14 : 5 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.300 |
| Par Value (if applicable) | |
| Remarks : |
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights Issue With Warrants (collectively the "Documents") will only be despatched to the shareholders of UMW-OG who have provided the Share Registrar of UMW-OG with a registered address in Malaysia and whose names appear in the Records of Depositors at 5.00 p.m. on 25 September 2017. The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue With Warrants or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia. This announcement is dated 8 September 2017. |
Announcement Info
| Company Name | UMW OIL & GAS CORPORATION BERHAD |
| Stock Name | UMWOG |
| Date Announced | 08 Sep 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-08092017-00010 |