MRCB
Rights Issue
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| EX-date | 02 Oct 2017 |
| Entitlement date | 04 Oct 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 2,853,777,024 new ordinary shares in Malaysian Resources Corporation Berhad ("MRCB") ("MRCB Shares") ("Rights Shares") at an issue price of RM0.79 per Rights Share, together with up to 570,755,405 free detachable warrants ("Rights Warrants"), on the basis of one (1) Rights Share for every one (1) existing MRCB Share held by the entitled shareholders as at 5.00 p.m. on 4 October 2017 ("Entitlement Date") and one (1) free Rights Warrant for every five (5) Rights Shares subscribed for ("Rights Issue") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| 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 | 04 Oct 2017 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | 02 Oct 2017 |
| 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) | 2,853,777,024 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.790 |
| Par Value (if applicable) | |
| Remarks : |
The Rights Shares with Rights Warrants shall be provisionally allotted to the shareholders of MRCB whose names appear in the Record of Depositors of MRCB 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 19 September 2017. |
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 19 Sep 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-19092017-00003 |