ITRONIC - Notice of Rights Entitlement

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")
 

Kindly be advised of the following :

1)    The Right commence of trading : 27 Dec 2022
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 28 Dec 2022
3)    The last day and time for Acceptance, Renunciation and Payment : 11 Jan 2023
4)    The Rights cessation quotation : 04 Jan 2023

The Stock Short Name, Number and ISIN Code ITRONIC-OR, 9393OR and MYL9393OR002

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.