PERSTIM - Notice of Rights Entitlement
PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
1. 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
2. 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")
Kindly be advised of the following :
1) The Right commence of trading : 15 Oct 2020
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 16 Oct 2020
3) The last day and time for Acceptance, Renunciation and Payment : 30 Oct 2020
4) The Rights cessation quotation : 22 Oct 2020
The Stock Short Name, Number and ISIN Code PERSTIM-OR, 5436OR and MYL5436OR003
Remarks:
The last date and time for acceptance, excess application and payment is 30 October 2020 at 5.00 p.m.
Announcement Info
Company Name | PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
Stock Name | PERSTIM |
Date Announced | 30 Sep 2020 |
Category | Listing Circular |
Reference Number | ILC-30092020-00013 |