Adjustment
| AGESON BERHAD |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE CONVERSION PRICE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN AGESON BERHAD ("AGESON" OR "COMPANY") ("ICPS") AND CASH PAYMENT FOR CONVERSION OF ICPS PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 6 MAY 2022 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE (RIGHTS ISSUE) |
| EX-date | 05 May 2022 |
| Entitlement date | 06 May 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Jun 2022 |
| Period of interest payment | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 06 May 2022 |
| 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) |
|
| Entitlement indicator | Ratio |
| Ratio | 1.0000 : 1.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
ALDPRO CORPORATE SERVICES SDN BHD Level 5, Block B, Dataran PHB Saujana Resort, Section U2 40150 Shah Alam Selangor Malaysia Tel:0378900638 Fax:0378901032 |
| Remarks : |
The Notice of Book Closure in relation to the Rights Issue had been announced by the Company separately today.
Pursuant to the Rights Issue, the conversion price of ICPS and cash payment for conversion of ICPS (which are not converted into new Shares prior to the Entitlement Date) shall be adjusted in accordance with the provisions of the Company's Constitution ("Adjustments").
Holders of ICPS who wish to be entitled to the Rights Issue as the Company's shareholders shall exercise their rights to subscribe for new Shares by lodging their duly completed conversion forms together with the relevant subscription monies with the Share Registrar of AGESON (at the address stated above) on or before 5.00 p.m. on Friday, 22 April 2022 such that their names will appear on the Record of Depositors of the Company at 5.00 p.m. on the Entitlement Date.
Entitled holders of ICPS who do not convert their outstanding ICPS into the Shares and whose names appear in the Record of Depositors of the Company for the outstanding ICPS at 5.00 p.m. on the Entitlement Date would be entitled to the Adjustments ("Entitled ICPS Holders").
The notice setting out the details of the Adjustments will be issued and despatched to the Entitled ICPS Holders in due course.
This announcement is dated 18 April 2022. |
Announcement Info
| Company Name | AGESON BERHAD |
| Stock Name | AGES-PA |
| Date Announced | 18 Apr 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-18042022-00003 |