2771
Entitlement to IPO
| BOUSTEAD HOLDINGS BERHAD |
|
EX-date | 21/05/2014 |
| Entitlement date | 23/05/2014 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Entitlement to IPO |
| Entitlement description | NON-RENOUNCEABLE RESTRICTED ISSUE OF 206,835,500 NEW ORDINARY SHARES OF RM0.50 EACH IN BOUSTEAD PLANTATIONS BERHAD ("BPB") ("ISSUE SHARES") TO ALL SHAREHOLDERS OF BOUSTEAD HOLDINGS BERHAD ("BHB") (EXCEPT FOR THE EXCLUDED SHAREHOLDERS (AS DEFINED HEREIN)) IN CONJUCTION WITH THE LISTING OF BPB ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("RESTRICTED BHB OFFERING") |
| 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 | Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel No.: +603 2264 3883 Fax No.: +603 2282 1886 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 23/05/2014 |
| 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) | |
| Entitlement indicator | Ratio |
| Ratio | 0 : 0 |
| Rights Issues/Offer Price | |
| Remarks : |
| 206,835,500 Issue Shares under the Restricted BHB Offering are reserved for applications by all shareholders of BHB (except for the Excluded Shareholders^) whose names appear in the record of depositors of BHB as at 5:00 p.m. on 23 May 2014 ("BHB Entitlement Date") ("Entitled Shareholders of BHB") pursuant to the initial public offering of BPB. The basis of entitlement will be set out in the prospectus for the initial public offering of BPB ("Prospectus") to be issued in due course. Note: ^ Excluded Shareholders are defined as Entitled Shareholders of BHB who fall into any one of the following categories as at the BHB Entitlement Date: (i) persons with a registered address in jurisdictions outside Malaysia; (ii) persons who are bound under jurisdictions outside Malaysia in which acceptance under the Restricted BHB Offering would result in the contravention of laws of such jurisdictions (whether in the absence of any necessary consent and/or compliance with any registration or other legal requirements or for any other reason); or (iii) persons who are, in the opinion of the Directors of BPB and BHB (on the advice of their legal adviser), necessary or expedient to be excluded from participating in the Restricted BHB Offering by reason of legal or regulatory requirements. The Excluded Shareholders are advised that they shall be solely responsible to seek their own advice as to the laws of any jurisdiction which they may be subject to. Participation in the Restricted BHB Offering by any of the Excluded Shareholders shall be based on their warranty to BPB and BHB that they may lawfully so participate without BPB, BHB, AFFIN Investment Bank Berhad, Tricor Investor Services Sdn Bhd (being the Special Share Registrar for the Restricted BHB Offering) and/or other advisers and experts being in breach of laws on jurisdiction other than the laws of Malaysia to which the Excluded Shareholders are or might be subject to. The Prospectus will not be registered under applicable securities legislation of any foreign jurisdiction. Accordingly, the Prospectus will not be sent to the Excluded Shareholders. This announcement is dated 8 May 2014. |
Announcement Info
| Company Name | BOUSTEAD HOLDINGS BERHAD |
| Stock Name | BSTEAD |
| Date Announced | 8 May 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-140508-38267 |