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VERSATL

Rights Issue

VERSATILE CREATIVE BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
Renounceable rights issue of up to 141,979,681 new ordinary shares in Versatile Creative Berhad ("VCB") ("Rights Shares") at an issue price of RM0.23 per Rights Share, on the basis of one (1) Rights Share for every one (1) existing ordinary share in VCB held by the entitled shareholders as at 5.00 p.m. on 19 March 2020 ("Rights Issue of Shares")
Ex-Date 18 Mar 2020
Entitlement date 19 Mar 2020
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 19 Mar 2020
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) 0.2300
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
VERSATILE CREATIVE BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 19 Mar 2020
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:0327839299
Fax:0327839222


Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue of Shares (collectively referred to as the "Documents") are only to be despatched to the shareholders whose names appear in VCB's Record of Depositors as at 5.00 p.m. on 19 March 2020 ("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 19 March 2020.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, 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 Shares complies with the laws of any country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who are without an address for the service of documents in Malaysia 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 19 March 2020.

This announcement is dated 5 March 2020.


Announcement Info

Company Name VERSATILE CREATIVE BERHAD
Stock Name VERSATL
Date Announced 05 Mar 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-04032020-00003
Corporate Action ID MY200304RHDI0001


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