HEXIND

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HEXIND - Notice of Rights Entitlement (Ratio)

HEXTAR INDUSTRIES BERHAD

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,268,911,225 NEW ORDINARY SHARES IN HEXTAR INDUSTRIES BERHAD ("HEXTAR INDUSTRIES SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 1 EXISTING HEXTAR INDUSTRIES SHARE HELD AS AT 5.00 P.M. ON 29 SEPTEMBER 2021 AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ("RIGHTS ISSUE")
 

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “Ex- Right Issue” as from: 28 Sep 2021
2)    The last date of lodgment : 29 Sep 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<5/6>, 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 <5/6>, of the Transacted Price is applicable.

 

Remarks:-  The Abridged Prospectus and the accompanying Notice of Provisional Allotment and the Rights Subscription Form relating to the Rights Issue (collectively referred to as the "Documents") will only be despatched to Shareholders whose names appear in the Record of Depositors as at 5.00 p.m. on 29 September 2021 ("Entitlement Date") ("Entitled Shareholders") who have a registered address in Malaysia or who have provided our share registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered 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 and the Rights Issue is not intended to be (and will not be) made or offered or deemed to be made or offered for purchase or subscription in any other countries or jurisdictions other than Malaysia or to persons who are or may be subject to the laws of any other countries or jurisdictions other than the laws of Malaysia.

 

Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by 5.00 p.m. on the Entitlement Date.

 

 

 

 


Announcement Info

Company Name HEXTAR INDUSTRIES BERHAD
Stock Name HEXIND
Date Announced 15 Sep 2021
Category Listing Circular
Reference Number ILC-15092021-00001