AGES

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AGES - Notice of Rights Entitlement (Ratio)

AGESON BERHAD

Renounceable rights issue of up to 6,527,407,770 new irredeemable convertible preference shares ("ICPS") on the basis of 13 ICPS for every 1 existing ordinary share in Ageson Berhad (formerly known as Prinsiptek Corporation Berhad) ("Ageson") held by the entitled shareholders of Ageson as at 5.00 p.m. on Wednesday, 19 February 2020 at an issue price of RM0.01 per ICPS ("Rights Issue of ICPS")
 

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “Ex-Rights Issue” as from: 18 Feb 2020
2)    The last date of lodgment : 19 Feb 2020
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
       a)    Selling Broker to deduct<13/14>, of Selling Price against the Selling Client
       b)    Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
       c)    Between Broker and Broker, the deduction of <13/14>, of the Transacted Price is applicable.

 

Remarks:-  The abridged prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form relating to the Rights Issue of ICPS (collectively referred to as the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's record of depositors as at 5.00 p.m. on Wednesday, 19 February 2020 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the Share Registrar, Boardroom.com Sdn Bhd with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Share Registrar, Boardroom.com Sdn Bhd to effect the change of address by the Entitlement Date.

 

The Documents are not intended to be (and will not be) issued, circulated, distributed in any countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue of ICPS and the Documents comply with the law of any countries or jurisdictions other than the laws of Malaysia.

 

 

 

 

 

 

 

 

 

 


Announcement Info

Company Name AGESON BERHAD
Stock Name AGES
Date Announced 06 Feb 2020
Category Listing Circular
Reference Number ILC-06022020-00002