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IBHD

Rights Issue

I-BERHAD

EX-date 01 Nov 2019
Entitlement date 04 Nov 2019
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to 795,985,581 3-year redeemable cumulative convertible preference shares ("RCCPS") on the basis of 3 RCCPS for every 4 existing I-Berhad shares held as at 5:00 p.m. on 4 November 2019 at an issue price of RM0.19 per RCCPS ("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 59200 Kuala Lumpur Tel: +603 2783 9299 Fax: +603 2783 9222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 04 Nov 2019
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 3 : 4
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.190
Par Value (if applicable)


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and the rights subscription form in relation to the Rights Issue (collectively, the "Documents") will be despatched to the shareholders of I-Berhad whose names appear in the Record of Depositors of I-Berhad at 5:00 p.m. on 4 November 2019 ("Entitlement Date") at their registered address in Malaysia or who have provided 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 should not be issued, circulated or distributed in any country or jurisdiction other than Malaysia. No action has been or will be taken to ensure that either the Rights Issue or the Documents comply with the laws of any country or jurisdiction other than the laws of Malaysia. 

This Announcement is dated 18 October 2019.


Announcement Info

Company Name I-BERHAD
Stock Name IBHD
Date Announced 18 Oct 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-17102019-00001