TWL
Rights Issue
Amended Announcements
Please refer to the earlier announcement reference number: ENT-11082021-00001
| TIGER SYNERGY BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,101,480,437 NEW ORDINARY SHARES IN TIGER SYNERGY BERHAD ("TIGER" OR THE "COMPANY") ("TIGER SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE TOGETHER WITH UP TO 1,101,480,437 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 9 SEPTEMBER 2021 ("RIGHTS ISSUE WITH WARRANTS") |
| Ex-Date | 08 Sep 2021 |
| Entitlement date | 09 Sep 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 | 09 Sep 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0400 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | TIGER SYNERGY BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 3.0000 : 4.0000 |
| Rights Crediting Date | 09 Sep 2021 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
Reference is made to the earlier announcement dated 11 August 2021.
The Board wishes to extend the Entitlement Date by 10 market days i.e. from 25 August 2021 to 9 September 2021 in order to provide more time for investors to consider their participation in the Rights Issue with Warrants, taking into consideration the latest developments on the COVID-19 situation in the country which currently remains at a critical level.
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 9 September 2021 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar for the Rights Issue with Warrants, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 9 September 2021.
The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and 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 with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia.
Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 9 September 2021.
This announcement is dated 20 August 2021. |
Announcement Info
| Company Name | TIGER SYNERGY BERHAD |
| Stock Name | TIGER |
| Date Announced | 20 Aug 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-20082021-00017 |
| Corporate Action ID | MY210811RHDI0001 |