NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES Adjustments to the exercise price and number of outstanding 2015/2020 warrants of Mah Sing Group Berhad ("Mah Sing") arising from the Bonus Issue
MAH SING GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
Description | Adjustments to the exercise price and number of outstanding 2015/2020 warrants of Mah Sing Group Berhad ("Mah Sing") arising from the Bonus Issue |
We make reference to the Entitlement (Notice of Book Closure) announcement dated 27 May 2015 in relation to the adjustments to the exercise price and number of outstanding 2015/2020 warrants of Mah Sing constituted by a deed poll dated 15 January 2015 (“Warrant C 2015/2020 Deed Poll”) and expiring on 21 February 2020 (“Warrant C 2015/2020”), made in accordance with the provisions under the Warrant C 2015/2020 Deed Poll consequential to a bonus issue of up to 607,413,668 new ordinary shares of RM0.50 each in Mah Sing (“Mah Sing Shares”) (“Bonus Shares”), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every four (4) existing Mah Sing Shares held by the entitled shareholders of Mah Sing as at 5.00 p.m. on 10 June 2015 (“Entitlement Date”) (“Bonus Issue”). Holders of Mah Sing’s Warrant C 2015/2020 (“Warrant C 2015/2020 Holders”) who wish to be entitled to the Bonus Issue shall exercise their rights to subscribe for new Mah Sing Shares by lodging their duly completed exercise forms together with the relevant subscription monies with Mah Sing’s Share Registrar (Tricor Investor Services Sdn Bhd, Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur) on or before 5.00 p.m. on 1 June 2015. This is to enable the new Mah Sing Shares arising from such exercise to be allotted to the respective Warrant C 2015/2020 Holders such that their names will appear in the Record of Depositors for Mah Sing Shares at 5.00 p.m. on the Entitlement Date. Effective on 9 June 2015 (being 1 market day immediately before the Entitlement Date), the number of outstanding Warrant C 2015/2020 and the exercise price for such Warrant C 2015/2020 shall be adjusted in accordance with the provisions under the Warrant C 2015/2020 Deed Poll (“Adjustments”). Warrant C 2015/2020 Holders whose names appear in the Record of Depositors for Warrant C 2015/2020 at 5.00 p.m. on 10 June 2015 (being the Entitlement Date) will be entitled to receive the additional Warrant C 2015/2020 arising from the Adjustments.
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Announcement Info
Company Name | MAH SING GROUP BERHAD |
Stock Name | MAHSING-WC |
Date Announced | 27 May 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-27052015-00042 |