BDB
Rights Issue
| BINA DARULAMAN BERHAD |
|
EX-date | 16/12/2014 |
| Entitlement date | 18/12/2014 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable Rights Issue of 72,815,856 new ordinary shares of RM1.00 each in BDB (“BDB Shares”)(“Rights Shares”) at an issue price of RM1.30 per Right Share, together with a bonus issue of 72,815,856 new BDB Shares (“Bonus Shares”) on the basis of one Rights Share for every one existing BDB Share held by shareholders of BDB as at 5.00 p.m. on 18 December 2014 and one Bonus Share for every one Rights Share subscribed (“Rights Issue”) |
| 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 entitlements |
| Registrar's name ,address, telephone no | Bina Management (M) Sdn. Bhd. Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Selangor Darul Ehsan Tel. No.: (603) 7784 3922 Fax. No.: (603) 7784 1988 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 18/12/2014 |
| 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) | 72815856 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issues/Offer Price | 1.3 |
| Remarks : |
| Unless otherwise stated, definitions used in this announcement shall carry the same meaning as those defined in the circular to shareholders dated 31 October 2014 (“Circular”). The Rights Shares with attached Bonus Shares shall be provisionally allotted to the shareholders of BDB whose names appear in the Record of Depositors of BDB as at 5.00 p.m. on the 18 December 2014. The last date and time for acceptance and payment for the provisional Rights Shares with attached Bonus Shares, and excess application and payment for the excess Rights Shares with attached Bonus Shares may be extended and announced by the Board not less than two Market Days before the stipulated date and time. As stated in Section 2.2.10 of the Circular, the abridged prospectus, together with accompanying documents which will be issued in connection with the Rights Issue (collectively the “Documents”), will not be issued to comply with the laws of any jurisdiction other than Malaysia and have not and will not be registered under any securities legislation of any jurisdiction other than Malaysia or with or by any regulatory authorities or other relevant bodies of any jurisdiction other than Malaysia and the Rights Issue will not be offered for subscription in any country other than Malaysia. Accordingly, the Documents will not be sent to Foreign-Addressed Shareholders. Foreign-Addressed Shareholders who wish to change their addresses should inform their respective stockbrokers as well as BDB’s share registrar, Bina Management (M) Sdn Bhd (“Share Registrar”), to effect the change of address prior to 17 December 2014. Alternatively, Foreign-Addressed Shareholders may collect the Documents from the Share Registrar, in which event, the Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the Documents. This announcement is dated 5 December 2014. |
Announcement Info
| Company Name | BINA DARULAMAN BERHAD |
| Stock Name | BDB |
| Date Announced | 5 Dec 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-141205-47181 |