PRG
Rights Issue
Amended Announcements
Please refer to the earlier announcement reference number: MI-140602-62818
| FURNIWEB INDUSTRIAL PRODUCTS BERHAD |
|
EX-date | 12/06/2014 |
| Entitlement date | 16/06/2014 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 54,445,440 new ordinary shares of RM0.50 each in Furniweb Industrial Products Berhad ("FIPB") ("FIPB Shares") ("Rights Shares") at an issue price of RM0.55 per Rights Share, on the basis of three (3) Rights Shares for every five (5) existing FIPB Shares held as at 5.00 p.m. on 16 June 2014 together with up to 54,445,440 free detachable new warrants in FIPB ("Warrants") on the basis of one (1) Warrant for every one (1) Rights Share subscribed for ("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 entitlements |
| Registrar's name ,address, telephone no | Bina Management (M) Sdn Bhd Lot 10 The Highway Centre Jalan 51/205 46050 Petaling Jaya Selangor Darul Ehsan Tel: 03-7784 3922 Fax: 03-7784 1988 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 16/06/2014 |
| 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) | 54445440 |
| Entitlement indicator | Ratio |
| Ratio | 3 : 5 |
| Rights Issues/Offer Price | 0.55 |
| Remarks : |
| The abridged prospectus, together with the notice of provisional allotment and rights subscription form (Collectively as the "Documents") relating to the Rights Issue with Warrants will only be despatched to the shareholders of FIPB who have a registered address in Malaysia and whose name appears in FIPB's Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders who have not provided the share registrar of FIPB, Bina Management (M) Sdn Bhd, a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 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. No action has been or will be taken to ensure that the Rights Issue with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia. This announcement is dated 3 June 2014. |
Announcement Info
| Company Name | FURNIWEB INDUSTRIAL PRODUCTS BERHAD |
| Stock Name | FURNWEB |
| Date Announced | 3 Jun 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-140603-37613 |