Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

TFP

Rights Issue

TFP SOLUTIONS BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 268,754,045 ORDINARY SHARES IN TFP ("TFP SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE, TOGETHER WITH UP TO 268,754,045 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RIGHTS SHARE AND 1 WARRANT FOR EVERY 1 EXISTING TFP SHARE HELD AS AT 5.00 P.M. ON 28 AUGUST 2020 ("ENTITLEMENT DATE") ("RIGHTS ISSUE")
Ex-Date 27 Aug 2020
Entitlement date 28 Aug 2020
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 28 Aug 2020
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)
268,754,045
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0300
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
TFP SOLUTIONS BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 28 Aug 2020
Fractional Entitlement
Registrar or Service Provider name, address, telephone no BOARDROOM.COM SDN BHD
Suite 10.02, Level 10
The Gardens South Tower

Mid Valley City, Lingkaran Syed Putra

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:03-22980263
Fax:03-22980268


Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment relating to the Rights Issue (collectively referred to as the "Documents") will only be despatched to the shareholders of the Company who have registered addresses in Malaysia and whose names appear in the Companys Record of Depositors as at the Entitlement Date ("Entitled Shareholders"). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Boardroom.com Sdn Bhd to effect the change of address by the Entitlement Date. 

The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any countries or jurisdictions other than the laws of Malaysia.

The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date.

This announcement is dated 13 August 2020.


Announcement Info

Company Name TFP SOLUTIONS BERHAD
Stock Name TFP
Date Announced 13 Aug 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-12082020-00007
Corporate Action ID MY200812RHDI0002


View original