AGES-PA

0.040

+0.005 (+14.3%)

AGES-PA - Notice of Book Closure

AGESON BERHAD

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)
 

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 05 May 2022
2)  The last date of lodgment : 06 May 2022
 

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.


Announcement Info

Company Name AGESON BERHAD
Stock Name AGES-PA
Date Announced 20 Apr 2022
Category Listing Circular
Reference Number ILC-20042022-00002