HHGROUP

Rights Issue

HENG HUAT RESOURCES GROUP BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 46,235,800 NEW ORDINARY SHARES IN HENG HUAT RESOURCES GROUP BERHAD ("HENG HUAT") ("HENG HUAT SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING HENG HUAT SHARES HELD AS AT 5.00 PM ON 13 APRIL 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE, TOGETHER WITH UP TO 69,353,700 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Ex-Date 12 Apr 2021
Entitlement date 13 Apr 2021
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 13 Apr 2021
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) 0.2000
Par Value (if applicable) Malaysian Ringgit (MYR) 0.0000
Entitlement indicator Ratio
Entitlement Details
Company Name
HENG HUAT RESOURCES GROUP BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 2.0000
Rights Crediting Date 13 Apr 2021
Fractional Entitlement Round Down / Fraction Disregard
Registrar or Service Provider name, address, telephone no AGRITEUM SHARE REGISTRATION SERVICES SDN BHD
2nd Floor, Wisma Penang Garden
42, Jalan Sultan Ahmad Shah

10050 

Pulau Pinang

Malaysia

Tel:042282321
Fax:042272391


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 "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 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 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 30 March 2021.


Announcement Info

Company Name HENG HUAT RESOURCES GROUP BERHAD
Stock Name HHGROUP
Date Announced 30 Mar 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-30032021-00002
Corporate Action ID MY210330RHDI0001


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