Rights Issue


EX-date 19 Nov 2018
Entitlement date 22 Nov 2018
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to 1,417,256,368 new ordinary each in Hubline Berhad ("Hubline") ("Rights Share(s)") on the basis of 3 Rights Shares for every 5 ordinary shares held in Hubline ("Hubline Share(s)"), together with up to 944,837,579 free detachable new warrants ("Warrant(s) C") on the basis of 2 Warrants C for every 3 Rights Shares subscribed for as at 5.00 p.m. on Thursday, 22 November 2018 at an issue price of RM0.037 per Rights Share ("Rights Issue with Warrants")
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 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 50490 Kuala Lumpur Tel:03-20849000 Fax:03-20949940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 22 Nov 2018
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 3 : 5
Rights Issue/Offer Price
Par Value (if applicable)

Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form relating to the Rights Issue with Warrants (collectively referred to as the "Documents") will only be despatched to the shareholders of Hubline whose names appear in Hubline's Record of Depositors at 5.00 p.m. on the 22 November 2018 ("Entitled Shareholders") who have registered addresses in Malaysia. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Securities Services (Holdings) Sdn Bhd to effect the change of address by the Entitlement Date or may collect the Documents from the Share Registrar, Securities Services (Holdings) Sdn Bhd at Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur 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 aforesaid Documents. 

The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue with Warrants and the Documents comply with the laws of any countries or jurisdictions other than the laws of Malaysia. Accordingly, the Documents will not be despatched to Entitled Shareholders with a registered address outside Malaysia.

This announcement is dated 7 November 2018.

Announcement Info

Stock Name HUBLINE
Date Announced 07 Nov 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-07112018-00013

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