Important Relevant Dates for Renounceable Rights
| INDUSTRONICS BERHAD |
| Entitlement subject | Important Relevant Dates for Renounceable Rights |
| Description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 875,060,548 NEW ORDINARY SHARES IN INDUSTRONICS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 23 DECEMBER 2022 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 656,295,411 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
| Despatch Date | 28 Dec 2022 |
| Date for commencement of trading of rights | 27 Dec 2022 |
| Date for cessation of trading of rights | 04 Jan 2023 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 16 Jan 2023 |
| Last date and time for : | |
| Sale of provisional allotment of rights | 03 Jan 2023 05:00 PM |
| Transfer of provisional allotment of rights | 05 Jan 2023 04:30 PM |
| Acceptance and Payment | 11 Jan 2023 05:00 PM |
| Excess share application and payment | 11 Jan 2023 05:00 PM |
| Available/Listing Date | 27 Jan 2023 |
| Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
| Other important dates as the listed issuer may deem appropriate | N/A |
| Entitlement Details | |
| Company Name | INDUSTRONICS BERHAD |
| Entitlement | Ordinary Shares |
| Ratio (New : Existing) | 2.0000 : 1.0000 |
| Rights Issue / Offer Price | Malaysian Ringgit (MYR) 0.0800 |
| 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:0378904700 Fax:0378904670 |
| Remarks : |
The last date and time for acceptance of and payment for the Rights Shares with Warrants as well as the last date and time for excess Rights Shares with Warrants applications and payments are as stated above. This announcement is dated 9 December 2022 |
Announcement Info
| Company Name | INDUSTRONICS BERHAD |
| Stock Name | ITRONIC |
| Date Announced | 09 Dec 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-07122022-00004 |
| Corporate Action ID | MY221207EXRI0001 |