2771
Rights Issue
| BOUSTEAD HOLDINGS BERHAD |
| EX-date | 20 May 2016 |
| Entitlement date | 24 May 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 413,671,221 NEW ORDINARY SHARES OF RM0.50 EACH IN BOUSTEAD HOLDINGS BERHAD (BHB) (BHB SHARES) (RIGHTS SHARES) ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 5 EXISTING BHB SHARES HELD AS AT 5.00 P.M. ON 24 MAY 2016 AT AN ISSUE PRICE OF RM2.55 PER RIGHTS SHARE (RIGHTS ISSUE) |
| 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 entitlement |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 24 May 2016 |
| 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) | 413,671,221 |
| Entitlement indicator | Ratio |
| Ratio | 2 : 5 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 2.550 |
| Par Value | Malaysian Ringgit (MYR) 0.500 |
| Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents"), will only be despatched to the shareholders of BHB whose names appear in the Record of Depositors as at 5.00 p.m. on 24 May 2016 ("Entitled Shareholders") who have registered address in Malaysia or who have provided the share registrar, Tricor Investor & Issuing House Services Sdn Bhd at Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3 Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur with an address in Malaysia in writing on or before 5.00 p.m. on 24 May 2016. The Documents will also be made available on Bursa Malaysia Securities Berhads website (www.bursamalaysia.com) from 24 May 2016 onwards.
The Documents will not be sent to the Entitled Shareholders who do not have registered addresses in Malaysia. However, 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 not later than 5.00 p.m. on 24 May 2016.
The Documents are not intended to be (and will not be) issued, circulated or distributed and the Rights Issue will not be made or offered or deemed to be made or offered in any 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 any country or jurisdiction other than the law of Malaysia.
The Documents will be despatched to the Entitled Shareholders on 26 May 2016.
The last date and time for acceptance, excess application and payment for the Rights Shares is 8 June 2016 at 5.00 p.m. or such later date and time as the Board of Directors of BHB may determine and announce not less than 2 market days before the stipulated date and time.
This announcement is dated 10 May 2016. |
Announcement Info
| Company Name | BOUSTEAD HOLDINGS BERHAD |
| Stock Name | BSTEAD |
| Date Announced | 10 May 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05052016-00006 |