NOVAMSC
Rights Issue
| NOVA MSC BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,094,173,136 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RIGHTS ICPS") IN NOVA MSC BERHAD ("NOVAMSC") AT THE ISSUE PRICE OF RM0.01 PER RIGHTS ICPS ON THE BASIS OF 8 RIGHTS ICPS FOR EVERY 3 EXISTING ORDINARY SHARES IN NOVAMSC HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 26 FEBRUARY 2020 ("RIGHTS ISSUE") |
| Ex-Date | 25 Feb 2020 |
| Entitlement date | 26 Feb 2020 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 26 Feb 2020 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0100 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | NOVA MSC BERHAD |
| Entitlement | Preference Rights |
| Ratio (New:Existing) | 8.0000 : 3.0000 |
| Rights Crediting Date | 26 Feb 2020 |
| 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 Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:03-7890 4700 Fax:03-7890 4670 |
| Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form for the Rights Issue (collectively, the "Documents") will be despatched to the shareholders of NOVAMSC whose names appear in the Record of Depositors as at 5.00 p.m. on 26 February 2020 at their registered address in Malaysia or who have provided the Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on 26 February 2020. The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any countries or jurisdictions other than the laws of Malaysia. This announcement is dated 12 February 2020. |
Announcement Info
| Company Name | NOVA MSC BERHAD |
| Stock Name | NOVAMSC |
| Date Announced | 12 Feb 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-31012020-00005 |
| Corporate Action ID | MY200131RHDI0001 |