Rights Issue


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

Stock Name HUBLINE
Date Announced 12 Nov 2015
Category Entitlement(Notice of Book Closure)
Reference Number ENT-12112015-00009

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