PTT
Rights Issue
| GRAND HOOVER BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | Renounceable rights issue of 50,000,000 new ordinary shares in Grand Hoover Berhad ("GHB") ("Rights Shares") at an issue price of RM0.60 per Rights Share, on the basis five (5) Rights Shares for every four (4) existing ordinary shares in GHB held by the entitled shareholders as at 5.00 p.m. on 5 August 2021 ("Rights Issue of Shares") |
| Ex-Date | 04 Aug 2021 |
| Entitlement date | 05 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 | 05 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) |
50,000,000 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.6000 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | GRAND HOOVER BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 5.0000 : 4.0000 |
| Rights Crediting Date | 05 Aug 2021 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| 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 Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue of Shares (collectively referred to as the "Documents") are only to be despatched to the shareholders whose names appear in GHBs Record of Depositors as at 5.00 p.m. on 5 August 2021 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the share registrar, Securities Services (Holdings) Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue of Shares complies with the laws of any country or jurisdiction other than the laws of Malaysia.
Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar, Securities Services (Holdings) Sdn Bhd, to effect the change of address by 5.00 p.m. on the Entitlement Date.
This announcement is dated 22 July 2021. |
Announcement Info
| Company Name | GRAND HOOVER BERHAD |
| Stock Name | HOOVER |
| Date Announced | 22 Jul 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-22072021-00003 |
| Corporate Action ID | MY210722RHDI0001 |