STRAITS
Rights Issue
| STRAITS INTER LOGISTICS BERHAD |
| EX-date | 17 Jul 2017 |
| Entitlement date | 19 Jul 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | STRAITS INTER LOGISTICS BERHAD ("STRAITS" OR "COMPANY") RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES IN STRAITS ("STRAITS SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER, TOGETHER WITH FREE DETACHABLE NEW WARRANTS (WARRANTS) ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED BY THE ENTITLED SHAREHOLDERS ("RIGHTS ISSUE OF SHARES WITH WARRANTS") |
| 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 | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 19 Jul 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) | 183,952,000 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.115 |
| 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 Shares with Warrants will only be despatched to the shareholders of Straits who have registered addresses in Malaysia and whose names appear in Straits 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 address outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of Straits, Tricor Investor & Issuing House 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 to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 4 July 2017. |
Announcement Info
| Company Name | STRAITS INTER LOGISTICS BERHAD |
| Stock Name | STRAITS |
| Date Announced | 04 Jul 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-03072017-00003 |