Adjustment
| INSTACOM GROUP BERHAD |
| EX-date | 02 Nov 2015 |
| Entitlement date | 04 Nov 2015 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Adjustment |
| Entitlement description | Adjustments made to the exercise price and number of outstanding warrants in Instacom Group Berhad ("Instacom") constituted by the deed poll dated 19 August 2013 ("Deed Poll B") ("Warrants B") pursuant to the bonus Issue of up to 657,103,877 new ordinary shares of RM0.10 each in Instacom ("Instacom Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of one (1) Bonus Share for every three (3) existing Instacom Shares held on 4 November 2015 ("Bonus Issue") in accordance with the provisions of the Deed Poll B ("Adjustments") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2015 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | INSURBAN CORPORATE SERVICES SDN BHD 149 Jalan Aminuddin Baki Taman Tun Dr Ismail 60000Kuala Lumpur Tel:0377295529 Fax:0377285948 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 04 Nov 2015 |
| 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 : 3 |
| Rights Issue/Offer Price | |
| Par Value | |
| Remarks : |
The exercise price of the Warrants B will be adjusted which will be rounded up to the nearest one (1) sen, in accordance with the provisions of the Deed Poll B while additional Warrants B consequential to the Bonus Issue will be allotted and issued, the basis of the additional Warrants B which shall be determined on the entitlement date, to the entitled Warrant B holders of the Company whose names appear in the Record of Depositors at 5.00 p.m. on the entitlement date. Any adjustments to the number of Warrants B will be rounded downwards to the nearest whole Warrant. The final number of Additional Warrants B to be issued and allotted will depend on the number of outstanding Warrants B which have yet to be exercised as at the entitlement date and shall be listed and quoted simultaneously with the Bonus Shares on 5 November 2015. The notice to Warrant B holders setting out the details of the adjustments and the notice of allotment of the additional Warrants B will be despatched in due course. This announcement is dated 21 October 2015. |
Announcement Info
| Company Name | INSTACOM GROUP BERHAD |
| Stock Name | INSTACO-WB |
| Date Announced | 21 Oct 2015 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-20102015-00006 |