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SANICHI

Rights Issue

SANICHI TECHNOLOGY BERHAD

EX-date 10 Jun 2016
Entitlement date 14 Jun 2016
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description RENOUNCEABLE RIGHTS ISSUE OF UP TO 779,928,448 NEW ORDINARY SHARES OF RM0.10 EACH IN SANICHI TECHNOLOGY BERHAD ("SANICHI") ("SANICHI SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 389,964,224 FREE WARRANTS IN SANICHI ("WARRANTS D") ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT D FOR EVERY ONE (1) EXISTING SANICHI SHARE HELD BY THE ENTITLED SHAREHOLDERS OF SANICHI AT 5.00 P.M. ON 14 JUNE 2016 ("ENTITLED SHAREHOLDERS") ("RIGHTS ISSUE 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 ShareWorks Sdn Bhd No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel : +603 - 6201 1120 Fax : +603 - 6201 3121
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 14 Jun 2016
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) 0.110
Par Value Malaysian Ringgit (MYR) 0.100


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 shareholders of Sanichi whose names appear in Sanichi's Record of Depositors as at 5.00 p.m. on 14 June 2016 at their 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 14 June 2016. 

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, 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 14 June 2016.

This announcement is dated 31 May 2016.


Announcement Info

Company Name SANICHI TECHNOLOGY BERHAD
Stock Name SANICHI
Date Announced 31 May 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-30052016-00007


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