INNO
Rights Issue
| INNOPRISE PLANTATIONS BERHAD |
|
EX-date | 12/04/2010 |
| Entitlement date | 14/04/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 168,750,000 NEW ORDINARY SHARES OF RM1.00 EACH IN INNOPRISE PLANTATIONS BERHAD (“IPB”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, PAYABLE IN FULL UPON ACCEPTANCE, ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH IN IPB HELD AFTER THE CAPITAL RECONSTRUCTION AT 5.00 P.M. ON 14 APRIL 2010 |
| 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 | Symphony Share Registrars Sdn Bhd Level , Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel. no.: (603) 7841 8000 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 14/04/2010 |
| 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) | 168750000 |
| Entitlement indicator | Ratio |
| Ratio | 3 : 1 |
| Rights Issues/Offer Price | 1 |
| Remarks : |
| The Abridged Prospectus, together with the Notice of Provisional Allotment (“NPA”) and the Rights Subscription Form (“RSF”), will be despatched to the shareholders of IPB whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”) not later than two (2) market days from the Entitlement Date. The Abridged Prospectus, together with the NPA and RSF, will not be sent to the foreign Entitled Shareholders who do not have an address in Malaysia. Any foreign Entitled Shareholder who is without a registered address in Malaysia and wish to provide a Malaysian address, should inform his/her stockbroker to effect the change of address prior to 14 April 2010. On the even date, IPB has also announced the Book Closure Date for the Capital Reconstruction which will be closed at 5.00 pm on 14 April 2010. This announcement is dated 31 March 2010. |
Announcement Info
| Company Name | INNOPRISE PLANTATIONS BERHAD |
| Stock Name | INNO |
| Date Announced | 31 Mar 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-100331-40431 |