HUBLINE
Rights Issue
| HUBLINE BERHAD |
| EX-date | 24 Nov 2015 |
| Entitlement date | 26 Nov 2015 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 6,482,268,188 new ordinary shares of RM0.01 each in Hubline ("Hubline Share(s)") ("Rights Share(s)") at an issue price of RM0.01 per Rights Share on the basis of two (2) Rights Shares for every one (1) Hubline Share held, together with up to 1,620,567,047 free detachable new warrants ("Warrant(s) B"), on the basis of one (1) Warrant B for every four (4) Rights Shares subscribed as at 5.00 p.m. on 26 November 2015 ("Rights Issue") |
| Period of interest payment | to |
| Financial Year End | 30 Sep 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 | SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490Kuala Lumpur Tel:0320849000 Fax:0320949940 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 26 Nov 2015 |
| 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 | 2 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.010 |
| Par Value | Malaysian Ringgit (MYR) 0.010 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, "Documents"), will only be despatched to the shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
The Documents 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 complies with the laws of any countries or jurisdictions other than the laws of Malaysia.
The date of listing of the Rights Shares and the Warrants B to be issued pursuant to the Rights Issue on the Main Market of Bursa Malaysia Securities Berhad will be on 29 December 2015.
The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.
This announcement is dated 12 November 2015. |
Announcement Info
| Company Name | HUBLINE BERHAD |
| Stock Name | HUBLINE |
| Date Announced | 12 Nov 2015 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-12112015-00009 |