GFM
Rights Issue
ASIAEP BHD |
EX-date | 10/08/2009 |
Entitlement date | 12/08/2009 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | Renounceable two-call rights issue of up to 293,037,675 new ordinary shares of RM0.10 each in asiaEP (“Rights Shares”) on the basis of one (1) Rights Share for each existing ordinary share of RM0.10 each in asiaEP (“asiaEP Share”) held at 5.00 p.m on 12 August 2009, together with bonus issue of up to 293,037,675 new asiaEP Shares (“Bonus Shares”) and up to 293,037,675 new free detachable warrants (“Warrants”) on the basis of one (1) Bonus Share and one (1) Warrant for each Rights Share subscribed, at an issue price of RM0.10 per Rights Share, of which the first call of RM0.06 is payable in cash on application and the second call of RM0.04 is to be capitalised from asiaEP’s share premium account (“Rights Issue”) |
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 entitlements |
Registrar's name ,address, telephone no | Sectrars Services Sdn Bhd 28-1 Jalan Tun Sambanthan 3 Brickfields 50470 Kuala Lumpur (Tel: 03 – 2274 6133) |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 12/08/2009 |
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) | 293037675 |
Entitlement indicator | Ratio |
Ratio | 1 : 1 |
Rights Issues/Offer Price | 0.1 |
Remarks : |
The Bonus Shares and Warrants will be issued free to the entitled shareholders of asiaEP and/or their renouncees (as the case may be) who successfully subscribe for the Rights Shares. The Rights Issue is renounceable in full or in part. The entitled shareholders of asiaEP accepting only part of their Rights Shares entitlement shall be entitled to the Bonus Shares and Warrants in the proportion of their acceptance of the Rights Shares entitlement. The Abridged Prospectus , together with the Rights Subscription Form and the Notice of Provisional Allotment (collectively referred as “Documents”), are not intended to be (and will not be) issued, circulated or distributed, and the Rights Issue will not be made or offered or deemed to be made or offered for purchase of subscription, in any country or jurisdiction other than Malaysia or to persons who are or may be subject to the laws of any countries or jurisdictions other than the laws of Malaysia. No action will be taken to ensure that the Rights Issue and the Documents comply with the laws of any countries or jurisdiction other than the laws of Malaysia. On 17 August 2009, the Documents will be despatched to the entitled shareholders of asiaEP at their Malaysian address as stated in asiaEP’s Record of Depositors. If any entitled shareholders have not provided a Malaysian address, the Documents will not be despatched to them. This announcement is dated 29 July 2009. |
Announcement Info
Company Name | ASIAEP BHD (MESDAQ Market) |
Stock Name | ASIAEP |
Date Announced | 29 Jul 2009 |
Category | Entitlements (Notice of Book Closure) |
Reference No | MI-090729-63165 |