MTRONIC
Rights Issue
METRONIC GLOBAL BERHAD |
EX-date | 18 Mar 2019 |
Entitlement date | 20 Mar 2019 |
Entitlement time | 05:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 645,342,048 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC") ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 484,006,536 FREE DETACHABLE WARRANTS IN METRONIC ("WARRANTS") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 2 EXISTING METRONIC SHARES HELD BY ENTITLED SHAREHOLDERS OF METRONIC AT 5.00 P.M. ON 20 MARCH 2019 ("RIGHTS ISSUE WITH WARRANTS") |
Period of interest payment | to |
Financial Year End | 30 Jun 2019 |
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 | SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan (KL) Tel:03 6201 1120 Fax:03 6201 3121 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 20 Mar 2019 |
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 | 2 : 1 |
Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.065 |
Par Value (if applicable) |
Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of Metronic whose names appear in Metronic's Record of Depositors as at 5.00 p.m. on 20 March 2019 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 20 March 2019. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia. Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the Share Registrar, ShareWorks Sdn Bhd, to effect the change of address by 5.00 p.m. on 20 March 2019. This announcement is dated 4 March 2019. |
Announcement Info
Company Name | METRONIC GLOBAL BERHAD |
Stock Name | MTRONIC |
Date Announced | 04 Mar 2019 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-04032019-00005 |