E&O
Rights Issue
| EASTERN & ORIENTAL BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | Renounceable rights issue of up to RM255,764,462 in nominal value of 5-year 3.8% irredeemable convertible unsecured loan stocks ("ICULS") at 100% of its nominal value of RM0.235 each on the basis of 3 ICULS for every 4 existing ordinary shares in Eastern & Oriental Berhad ("E&O") held as at 5.00 p.m. on 20 February 2023 ("Rights Issue of ICULS") |
| Ex-Date | 17 Feb 2023 |
| Entitlement date | 20 Feb 2023 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 20 Feb 2023 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.2350 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | EASTERN & ORIENTAL BERHAD |
| Entitlement | Loan Rights |
| Ratio (New:Existing) | 3.0000 : 4.0000 |
| Rights Crediting Date | 20 Feb 2023 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| 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 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:03 - 27839299 Fax:03 - 27839222 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue of ICULS (collectively referred to as the "Documents") will only be despatched to the shareholders whose names appear in E&O's Record of Depositors as at 5.00 p.m. on 20 February 2023 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the share registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue of ICULS and the Documents comply with the laws of any country or jurisdiction other than the laws of Malaysia.
Entitled Shareholders who do not have a registered address in Malaysia for the service of Documents and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by 5.00 p.m. on the Entitlement Date.
This announcement is dated 31 January 2023. |
Announcement Info
| Company Name | EASTERN & ORIENTAL BERHAD |
| Stock Name | E&O |
| Date Announced | 31 Jan 2023 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-31012023-00003 |
| Corporate Action ID | MY230131RHDI0001 |