BIOHLDG

0.210

-0.01 (-4.5%)

BIOHLDG - Notice of Rights Entitlement (Ratio)

BIOALPHA HOLDINGS BERHAD

RENOUNCEABLE RIGHTS ISSUE OF UP TO 208,338,103 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN BIOALPHA HOLDINGS BERHAD ("BIOALPHA") ("ICPS") ("RIGHTS ICPS") AT AN ISSUE PRICE OF RM0.02 EACH ON THE BASIS OF 1 RIGHTS ICPS FOR EVERY 6 EXISTING BIOALPHA SHARES HELD AS AT 5.00 P.M. ON 23 APRIL 2021 ("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: 22 Apr 2021
2)    The last date of lodgment : 23 Apr 2021
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
       a)    Selling Broker to deduct <1/7>, 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 <1/7>, of the Transacted Price is applicable.

 


Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment relating to the Rights Issue of ICPS (collectively referred to as "Documents") will only be despatched to the shareholders of the Company who have registered addresses in Malaysia and whose names appear in the Companys Record of Depositors as at the Entitlement Date ("Entitled Shareholders"). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers to effect the change of address by the Entitlement Date. 

 

The Documents are not intended to be (and will not be) issued, circulated or 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 laws of any countries or jurisdictions other than the laws of Malaysia.

 

The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date.

 

 


Announcement Info

Company Name BIOALPHA HOLDINGS BERHAD
Stock Name BIOHLDG
Date Announced 12 Apr 2021
Category Listing Circular
Reference Number ILC-12042021-00019