PA
Rights Issue
P.A. RESOURCES BERHAD |
EX-date | 23/06/2010 |
Entitlement date | 25/06/2010 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | RENOUNCEABLE RIGHTS ISSUE WITH WARRANTS OF UP TO 66,792,000 NEW ORDINARY SHARES OF RM0.50 EACH IN P.A. RESOURCES BERHAD ("PARB") ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES HELD TOGETHER WITH UP TO 66,792,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED AT 5.00 P.M. ON 25 JUNE 2010 ("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 | Tricor Investors Services Sdn Bhd (formerly known as Tenaga Koperat Sdn Bhd) Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel: (603) 2264 3883 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25/06/2010 |
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) | 66792000 |
Entitlement indicator | Ratio |
Ratio | 1 : 2 |
Rights Issues/Offer Price | 0.5 |
Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will be despatched to the shareholders of PARB whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders") not later than two (2) market days from the Entitlement Date. The Abridged Prospectus, together with the NPA and RSF, will not be sent to the foreign Entitled Shareholders who do not have an address in Malaysia. Any foreign Entitled Shareholder who is without an address in Malaysia and wishes to provide a Malaysian address, should inform his/her stockbroker to effect the change of address prior to 25 June 2010. The Rights Shares will be issued at an issue price of RM0.50 per Rights Share. This announcement is dated 11 June 2010. |
Announcement Info
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 11 Jun 2010 |
Category | Entitlements (Notice of Book Closure) |
Reference No | OI-100609-63696 |