SPSETIA
Rights Issue
| S P SETIA BERHAD |
| EX-date | 03 Nov 2016 |
| Entitlement date | 07 Nov 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of new Islamic redeemable convertible preference shares of RM0.01 each in S P Setia Berhad ("S P Setia") ("RCPS-i") on the basis of two (2) RCPS-i for every five (5) existing ordinary shares of RM0.75 each in S P Setia held as at 5.00 p.m. on 7 November 2016, at an issue price of RM1.00 per RCPS-i ("Rights Issue") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | Systems & Securities Sdn Bhd Plaza 138, Suite 18.03 18th Floor, 138 Jalan Ampang 50450 Kuala Lumpur Tel. no.: +603-2161 5466 Fax no.: +603-2163 6968 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 07 Nov 2016 |
| 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 indicator | Ratio |
| Ratio | 2 : 5 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.000 |
| Par Value | Malaysian Ringgit (MYR) 0.010 |
| Remarks : |
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights Issue (collectively the "Documents") will only be despatched to the shareholders of S P Setia who have provided the Share Registrar of S P Setia with a registered address in Malaysia and whose names appear in the Records of Depositors at 5.00 p.m. on 7 November 2016. The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia. Non-resident shareholders are to note the conditions imposed by Bank Negara Malaysia which, among others, require non-resident shareholders who intend to undertake foreign currency hedging to only enter into foreign currency hedging contracts with licensed domestic banks (i.e. commercial banks, licensed investment banks or Islamic banks other than international Islamic banks). This announcement is dated 21 October 2016. |
Announcement Info
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 21 Oct 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-21102016-00004 |