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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