OIB

0.950

+0.045 (+5%)

Rights Issue

ORIENTAL INTEREST BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 154,858,394 NEW ORDINARY SHARES IN ORIENTAL INTEREST BERHAD ("OIB") ("OIB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING OIB SHARE HELD AS AT 5.00 P.M. ON TUESDAY, 4 MAY 2021, TOGETHER WITH UP TO 154,858,394 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM0.68 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 03 May 2021
Entitlement date 04 May 2021
Entitlement time 5:00 PM
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 04 May 2021
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.6800
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
ORIENTAL INTEREST BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 04 May 2021
Fractional Entitlement Round Down / Fraction Disregard
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:(03) 7890 4700
Fax:(03) 7890 4670


Remarks :
The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of OIB whose names appear in OIB's Record of Depositors as at 5.00 p.m. on 4 May 2021 ("Entitlement Date") at their address in Malaysia or who have provided the Share Registrar with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. 

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

Acceptance of and payment for the Provisional Allotments and Excess Applications must be made by way of Rights Subscription Form enclosed together with the Abridged Prospectus, via electronic application, or via any method in the manner as set out in the Abridged Prospectus.


This announcement is dated 19 April 2021.


Announcement Info

Company Name ORIENTAL INTEREST BERHAD
Stock Name OIB
Date Announced 19 Apr 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-19042021-00004
Corporate Action ID MY210419RHDI0001