ZELAN
Rights Issue
| ZELAN BERHAD |
|
EX-date | 26/12/2013 |
| Entitlement date | 30/12/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 281,631,485 NEW ORDINARY SHARES OF RM0.10 EACH IN ZELAN BERHAD ("ZELAN SHARES")("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ZELAN SHARES HELD AS AT 5.00 P.M. ON 30 DECEMBER 2013 TOGETHER WITH 281,631,485 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE |
| 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 entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrar Sdn Bhd Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel: 03 - 7849 0777 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 30/12/2013 |
| 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) | 281631485 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | 0.15 |
| Remarks : |
| On 13 December 2013, Zelan has entered into an underwriting agreement with AFFIN Investment Bank Berhad, being the Underwriter for the Rights Issue with Warrants. The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents"), will only be dispatched to the shareholders of Zelan whose names appear on the Records of Depositors as at 5.00 p.m. on 30 December 2013 ("Entitled Shareholders") at their address in Malaysia. The Documents will also be made available on Bursa Malaysia Securities Berhad's website (www.bursamalaysia.com) from 30 December 2013 onwards. The Documents will not be dispatched to the foreign Entitled Shareholders who have not provided an address in Malaysia. Foreign Entitled Shareholders who do not have an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 30 December 2013. The Documents will be dispatched to the Entitled Shareholders on 2 January 2014. The last date and time for acceptance, excess application and payment for the Rights Shares with Warrants is 16 January 2014 at 5.00 p.m. or such later date and time as the Board of Directors of Zelan may determine and announce not less than 2 market days before the stipulated date and time. This announcement is dated 13 December 2013. |
Announcement Info
| Company Name | ZELAN BERHAD |
| Stock Name | ZELAN |
| Date Announced | 13 Dec 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-131213-50182 |