SCBUILD
Rights Issue
| FLONIC HI-TEC BHD |
|
EX-date | 23/05/2012 |
| Entitlement date | 25/05/2012 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 210,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN FLONIC (“RIGHTS SHARES”) ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN FLONIC HELD AS AT 5.00 P.M. ON 25 MAY 2012, AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 140,000,000 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED |
| 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 | ShareWorks Sdn Bhd No. 10-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel: 03-6201 1120 Fax: 03-6201 5959 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25/05/2012 |
| 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) | 210000000 |
| Entitlement indicator | Ratio |
| Ratio | 3 : 2 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The Abridged Prospectus together with the notice of Provisional Allotment and Rights Subscription Form (collectively, "Documents") will only be despatched to shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 25 May 2012 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 25 May 2012. The Documents will not be despatched to Entitled Shareholders who have not provided an address in Malaysia. |
Announcement Info
| Company Name | FLONIC HI-TEC BHD (ACE Market) |
| Stock Name | FLONIC |
| Date Announced | 11 May 2012 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | ML-120509-72312 |