ATTA-LA

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ATTA-LA - Notice of Book Closure

ATTA GLOBAL GROUP BERHAD

Adjustment to the conversion price of the outstanding 10-year, zero coupon irredeemable convertible unsecured loan stocks at 100% of the nominal value of RM0.10 each ("ICULS") in accordance with the provisions of the trust deed dated 28 March 2012 and the supplemental trust deed dated 20 October 2017 ("Trust Deed") pursuant to the renounceable rights issue of up to 2,515,037,240 new irredeemable convertible preference shares ("ICPS") at an issue price of RM0.08 per ICPS on the basis of eight (8) ICPS for every one (1) existing ordinary share in ATTA held at 5.00 p.m. on 6 November 2017 based on a minimum subscription level of 150,000,000 ICPS ("Adjustment").

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 2 Nov 2017
2)  The last date of lodgment : 6 Nov 2017

Remarks: The Notice of Book Closure in relation to the Rights Issue of ICPS had been announced by the Company separately today. Holders of outstanding ICULS ("ICULS Holders") who wish to be entitled to the ICPS should convert their ICULS to ordinary shares in ATTA ("ATTA Shares"). Pursuant to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Company must issue and/or allot the securities arising from the conversion or exercise of the convertible security within eight (8) market days after the date of receipt of a subscription form together with the requisite payment or such other period as may be prescribed or allowed by Bursa Securities. Pursuant thereto, the ICULS Holders should lodge their duly completed conversion forms together with the relevant subscription monies, if any, with the Share Registrar, Symphony Share Registrars Sdn Bhd, on or before 5.00 p.m. on 25 October 2017 (at the existing conversion price of RM1.00 prior to the Adjustment). This is to enable the new ATTA Shares arising from such conversion of ICULS to be allotted to the respective ICULS Holders such that their names will appear on the Record of Depositors of ICULS Holders by 5.00 p.m. on 6 November 2017. The ICULS Holders whose names appear in the Record of Depositors of ICULS Holders as at 5.00 p.m. on 6 November 2017 ("Entitlement Date") ("Entitled ICULS Holders") shall accordingly be entitled to the Adjustment. The conversion price of ICULS shall be adjusted from RM1.00 to RM0.87. The Adjustment shall take effect on Tuesday, 7 November 2017, being the next market day following the Entitlement Date. The notice setting out the Adjustment will be despatched to the Entitled ICULS Holders in due course. 

 


Announcement Info

Company Name ATTA GLOBAL GROUP BERHAD
Stock Name ATTA-LA
Date Announced 24 Oct 2017
Category Listing Circular
Reference Number ILC-24102017-00015