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WZSATU

Rights Issue

WZ SATU BERHAD

EX-date

11/04/2014
Entitlement date15/04/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 55,000,000 new ordinary shares of RM0.50 each in WZ Satu Berhad (formerly known as WZ Steel Berhad) ("WZ SATU") ("Rights Shares") at an issue price of RM0.60 per Rights Share on the basis of one (1) Rights Share for every two (2) existing ordinary shares of RM0.50 each in WZ SATU held by the shareholders of WZ SATU as at 5.00 p.m. on 15 April 2014 ("Entitlement Date") ("Rights Issue")
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 noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur

Tel no: (603) 2264 3883
Fax no: (603) 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers15/04/2014 
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) 
Entitlement indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price 0.6

Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as "Documents") relating to the Rights Issue will only be despatched to the shareholders of WZ SATU who have a registered address in Malaysia and whose names appear in WZ SATU's Record of Depositors at 5.00 p.m. on 15 April 2014 ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders who have not provided a registered address in Malaysia for the service of the Documents. 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 15 April 2014.

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 and the Documents comply with the laws of any countries or jurisdictions other than Malaysia.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

This announcement is dated 1 April 2014.


Announcement Info

Company NameWZ SATU BERHAD  
Stock Name WZSATU    
Date Announced1 Apr 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoML-140401-46221