Important Relevant Dates for Renounceable Rights
| PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
| Entitlement subject | Important Relevant Dates for Renounceable Rights |
| Description | (I) RENOUNCEABLE RIGHTS ISSUE OF 19,860,944 NEW ORDINARY SHARES IN PERSTIMA ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES IN PERSTIMA HELD AT 5.00 P.M. ON 14 OCTOBER 2020 AT AN ISSUE PRICE OF RM3.00 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE"); AND
(II) BONUS ISSUE OF 9,930,472 NEW PERSTIMA SHARES ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF PERSTIMA AND/OR THEIR RENOUNCEES PURSUANT TO THE RIGHTS ISSUE ("BONUS ISSUE")
(COLLECTIVELY REFERRED TO AS "CORPORATE EXERCISES") |
| Despatch Date | 16 Oct 2020 |
| Date for commencement of trading of rights | 15 Oct 2020 |
| Date for cessation of trading of rights | 22 Oct 2020 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 05 Nov 2020 |
| Last date and time for : | |
| Sale of provisional allotment of rights | 21 Oct 2020 05:00 PM |
| Transfer of provisional allotment of rights | 23 Oct 2020 04:30 PM |
| Acceptance and Payment | 30 Oct 2020 05:00 PM |
| Excess share application and payment | 30 Oct 2020 05:00 PM |
| Available/Listing Date | 11 Nov 2020 |
| Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
| Other important dates as the listed issuer may deem appropriate | This announcement is dated 29 September 2020. |
| Entitlement Details | |
| Company Name | PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
| Entitlement | Ordinary Shares |
| Ratio (New : Existing) | 1.0000 : 5.0000 |
| Rights Issue / Offer Price | Malaysian Ringgit (MYR) 3.0000 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
| Remarks : |
The last date and time for acceptance, excess application and payment is 30 October 2020 at 5.00 p.m. This announcement is dated 29 September 2020. |
Announcement Info
| Company Name | PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
| Stock Name | PERSTIM |
| Date Announced | 29 Sep 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-29092020-00006 |
| Corporate Action ID | MY200929EXRI0001 |