RHBBANK

Rights Issue

Amended Announcements
Please refer to the earlier announcement reference number: ENT-09092015-00005

RHB CAPITAL BERHAD

EX-date 19 Nov 2015
Entitlement date 23 Nov 2015
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of 517,696,286 new ordinary shares of RM1.00 each in RHB Capital ("RHB Capital Shares") ("Rights Shares") at an issue price of RM4.82 per Rights Share, on the basis of one (1) Rights Share for every five (5) existing RHB Capital Shares held as at 5.00 p.m. on 23 November 2015 ("Entitlement Date") ("Rights Issue")
Period of interest payment   to  
Financial Year End 31 Dec 2015
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 Symphony Share Registrars Sdn Bhd Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel. No.: 03- 7849 0777 Fax. No.: 03- 7841 8151/52
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 23 Nov 2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 19 Nov 2015
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) 517,696,286
Entitlement indicator Ratio
Ratio 1 : 5
Rights Issue/Offer Price Malaysian Ringgit (MYR) 4.820
Par Value Malaysian Ringgit (MYR) 1.000


Remarks :
This announcement does not constitute an offer to sell or a solicitation of any offer to buy any securities.

We refer to the announcement made on 9 September 2015.

The Company had on 17 September 2015 announced that Bank Negara Malaysia ("BNM") had vide its letter dated 14 September 2015 informed RHB Capital of its Order pursuant to Section 94(2) of the Financial Services Act 2013 against Aabar Investments PJS ("Aabar") relating to its shareholding in RHB Capital. BNM had also, vide the same letter, required RHB Capital to give effect to the Order prohibiting Aabar from exercising its voting rights in respect of the shares held in RHB Capital in excess of 15% and RHB Capital is prohibited from issuing any further shares to Aabar in right of the shares which are in excess of 15%. The Order shall be binding on RHB Capital, and the Board of Directors ("Board") and the Company Secretary of RHB Capital are required to take the necessary actions to give effect to such Order. With this Order, Aabar's entitlement to the Rights Issue shall be limited to not more than 15% of the Rights Issue.

In view of the above, the Entitlement Date for the Rights Issue has now been extended from 1 October 2015 to 23 November 2015 to allow time for the Board to engage with the relevant regulators and to deliberate and implement the Rights Issue in the most efficient manner, after considering the Order. The Board may, however, announce further extension(s) to the books closure date at a later date should the Company require additional time to implement the Rights Issue. The Board also wishes to highlight that the total number of Rights Shares to be issued is subject to further changes in order to give effect to the Order. In this regard, the Board will endeavour to make the necessary announcement(s) as the case may be.

Unless strictly prohibited by law, the Rights Shares shall be provisionally allotted to the shareholders of RHB Capital whose names appear in the Record of Depositors of RHB Capital on the Entitlement Date ("Entitled Shareholders").

The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form in relation to the Rights Issue (collectively referred to as "Documents"), will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date at their registered address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by the Entitlement Date. The Documents will not be despatched to Entitled Shareholders who have not provided a registered address in Malaysia.

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

This announcement is dated 23 September 2015.


Announcement Info

Company Name RHB CAPITAL BERHAD
Stock Name RHBCAP
Date Announced 23 Sep 2015
Category Entitlement(Notice of Book Closure)
Reference Number ENT-23092015-00002


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