SCBUILD
Rights Issue
| SC ESTATE BUILDER BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 2,148,181,818 NEW ORDINARY SHARES IN SC ESTATE BUILDER BERHAD ("SCBUILD/0109") ("SCBUILD/0109 SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.005 PER RIGHTS SHARE ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 SCBUILD/0109 SHARE HELD, AT 5.00 P.M. ON THURSDAY, 18 JANUARY 2024 ("RIGHTS ISSUE") |
| Ex-Date | 17 Jan 2024 |
| Entitlement date | 18 Jan 2024 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 18 Jan 2024 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0050 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | SC ESTATE BUILDER BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 2.0000 : 1.0000 |
| Rights Crediting Date | 18 Jan 2024 |
| Fractional 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 Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
The Abridged Prospectus, together with the notice of provisional allotment and rights subscription forms pursuant to the Rights Issue (collectively, the "Documents") will only be despatched to the entitled shareholders whose names appear in Company's record of depositors and who have a registered address in Malaysia or who have provided the Company's share registrar, ShareWorks Sdn Bhd ("Share Registrar"), with a registered address in Malaysia in writing ("Entitled Shareholder(s)") as at 5.00 p.m. on 18 January 2024.
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 complies with the laws of any countries or jurisdictions other than the laws of Malaysia.
The Documents will not be sent to the foreign Entitled Shareholder(s) and/or their renouncee(s) and/or transferee(s) (if applicable) who do not have a registered address in Malaysia. However, such foreign Entitled Shareholder(s) and/or their renouncee(s) and/or transferee(s) (if applicable) may collect the Documents from the Company's Share Registrar, ShareWorks Sdn Bhd, in which event the Company's Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the aforesaid documents.
This announcement is dated 26 December 2023. |
Announcement Info
| Company Name | SC ESTATE BUILDER BERHAD |
| Stock Name | SCBUILD |
| Date Announced | 26 Dec 2023 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-26122023-00004 |
| Corporate Action ID | MY231226RHDI0001 |