TECHBASE
Rights Issue
| PROLEXUS BERHAD |
| EX-date | 18 May 2016 |
| Entitlement date | 20 May 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 62,531,620 new ordinary shares of RM0.50 each in Prolexus Berhad ("Rights Shares") at an issue price of RM1.00 per Rights Share together with up to 62,531,620 free detachable warrants ("Warrants") on the basis of one (1) Rights Share together with one (1) Warrant for every two (2) existing ordinary shares of RM0.50 each held as at 5.00 p.m. on 20 May 2016 |
| Period of interest payment | to |
| Financial Year End | 31 Jul 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 | BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Tel: 0377843922 Fax: 0377841988 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 20 May 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 | 1 : 2 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.000 |
| Par Value | Malaysian Ringgit (MYR) 0.500 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents") in relation to the Rights Issue will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 20 May 2016 ("Entitled Shareholders").
The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of Prolexus Berhad to effect the change of address. Such notification should be done by 5.00 p.m. on 20 May 2016.
The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.
This announcement is dated 6 May 2016. |
Announcement Info
| Company Name | PROLEXUS BERHAD |
| Stock Name | PRLEXUS |
| Date Announced | 06 May 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-06052016-00003 |