MMAG

Rights Issue

MMAG HOLDINGS BERHAD

EX-date 01 Nov 2017
Entitlement date 03 Nov 2017
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description RENOUNCEABLE RIGHTS ISSUE OF UP TO 607,336,618 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS") ON THE BASIS OF 2 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE IN MMAG HOLDINGS BERHAD ("MMAG") ("MMAG SHARES") HELD AS AT 5.00 P.M. ON 3 NOVEMBER 2017 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.05 PER ICPS ("RIGHTS ISSUE OF ICPS")
Period of interest payment   to  
Financial Year End
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 MEGA CORPORATE SERVICES SDN BHD Level 15-2, Bangunan Faber Imperial Court Jalan Sultan Ismail 50250 Kuala Lumpur Tel:03-2692 4271 Fax:03-2732 5388
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 15 Nov 2017
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) 607,336,618
Entitlement indicator Ratio
Ratio 2 : 1
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.050
Par Value (if applicable)


Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the "Documents") relating to the Rights Issue of ICPS will only be despatched to the shareholders of MMAG who have registered addresses in Malaysia and whose names appear in MMAGs Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders with registered addresses outside Malaysia. Any Entitled Shareholder who wishes to receive the Documents is required to provide MMAGs share registrar, Mega Corporate Services Sdn Bhd, with a registered address in Malaysia, in writing, by 5.00 p.m. on the Entitlement Date.

The Documents are not intended for issuance, circulation or distribution in countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue of ICPS and the Documents comply with the laws of any country or jurisdiction other than Malaysia.

The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date.

This announcement is dated 20 October 2017.


Announcement Info

Company Name MMAG HOLDINGS BERHAD
Stock Name MMAG
Date Announced 20 Oct 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-17102017-00002


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