FAJAR
Rights Issue
| FAJARBARU BUILDER GROUP BHD |
|
EX-date | 18/09/2008 |
| Entitlement date | 22/09/2008 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 45,098,775 NEW ORDINARY SHARES OF RM0.50 EACH IN FBG WITH 45,098,775 FREE DETACHABLE NEW WARRANTS ON THE BASIS OF ONE (1) RIGHTS SHARE AND ONE (1) WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.50 EACH IN FBG HELD AT 5.00PM ON 22 SEPTEMBER 2008 AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE (“RIGHTS ISSUE WITH WARRANTS”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 22/09/2008 to 22/09/2008 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd Level 26, Menara Multi-Purpose Capital Square No. 8, Jalan Munshi Abdullah 50100 Kuala Lumpur. Tel No.: 03 – 2721 2222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 22/09/2008 |
| 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) | 45098775 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | 0.5 |
| Remarks : |
| The shareholders of FBG whose names appear on the Record of Depositors of FBG at the close of business at 5.00 p.m. on 22 September 2008 (“Entitled Shareholders”) shall be entitled to the Rights Issue with Warrants. The Rights Issue with Warrants is renounceable in full or in part. However, renunciation must be made as a package, which means the Rights Shares and the Warrants are not separately renounceable. Accordingly, shareholders can only renounce or subscribe for their entitlements to the Rights Shares and be entitled to the accompanying Warrants in full or in part in the proportion allocated. Entitled Shareholders who renounce their entitlement to the Rights Shares, partially or in full, will not be entitled to the Warrants attached to the Rights Shares renounced. Consequently, the renounces who subscribe for the Rights Shares will be entitled to the Warrants attached thereto. The Warrants will be detached from the Rights Shares immediately upon issue and will be traded separately. The Abridged Prospectus together with its accompanying documents will not be registered under any legislation of any foreign jurisdiction. The Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Abridged Prospectus together with its accompanying documents will not be sent to foreign Entitled Shareholders of FBG: (a) who do not have a registered address in Malaysia in the Record of Depositors; or (b) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 22 September 2008, being the entitlement date for the Rights Issue with Warrants. This announcement is dated 8 September 2008. |
Announcement Info
| Company Name | FAJARBARU BUILDER GROUP BHD |
| Stock Name | FAJAR |
| Date Announced | 8 Sept 2008 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | ML-080908-61243 |