AT

0.155

-0.005 (-3.1%)

AT - Notice of Rights Entitlement (Ratio)

AT SYSTEMATIZATION BERHAD

RENOUNCEABLE RIGHTS ISSUE OF UP TO 997,966,616 NEW ORDINARY SHARES IN AT SYSTEMATIZATION BERHAD (''ATS'' OR THE ''COMPANY'') (''RIGHTS SHARES'') AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE TOGETHER WITH UP TO 748,474,962 FREE DETACHABLE WARRANTS IN ATS (''WARRANTS C'') ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING ORDINARY SHARES IN ATS (''ATS SHARES'' OR ''SHARES'') HELD BY ENTITLED SHAREHOLDERS OF ATS AT 5.00 P.M. ON 16 MARCH 2020 ("RIGHTS ISSUE WITH WARRANTS")
 

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “Ex-Right Issue” as from: 13 Mar 2020
2)    The last date of lodgment : 16 Mar 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<4/6>, 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 <4/6>, of the Transacted Price is applicable.

 

Remarks:-  The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, 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 16 March 2020 (''Entitled Shareholders'') and who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 16 March 2020. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia. Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers or the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by 5.00 p.m. on 16 March 2020.


Announcement Info

Company Name AT SYSTEMATIZATION BERHAD
Stock Name AT
Date Announced 28 Feb 2020
Category Listing Circular
Reference Number ILC-28022020-00024