ENGTEX
Rights Issue
| ENGTEX GROUP BERHAD |
|
EX-date | 25/09/2007 |
| Entitlement date | 27/09/2007 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable two-call rights issue of up to 33,000,000 new ordinary shares of RM0.50 each in Engtex ("Rights Shares" or "Shares") with up to 99,000,000 free detachable warrants ("Warrants") at an issue price of RM0.50 per Rights Share (of which the first call of RM0.45 is payable in cash on application and the second call of RM0.05 is capitalised from the Company's share premium account), on the basis of one (1) Rights Share with three (3) Warrants for every five (5) existing ordinary shares of RM0.50 each held in Engtex on 27 September 2007 ("Rights Issue of Shares with Warrants") |
| 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 | Tenaga Koperat Sdn. Bhd (118401-V) 20th Floor, Plaza Permata Jalan Kampar, Off Jalan Tun Razak 50400 Kuala Lumpur Tel. No. : 03-4041 2188/ 03-4047 3883 (effective from 17 September 2007) |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 27/09/2007 |
| 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 | 1 : 5 |
| Rights Issues/Offer Price | 0.5 |
| Remarks : |
| The Rights Shares together with the free detachable Warrants at an issue price of RM0.50 per Rights Share (of which the first call of RM0.45 is payable in cash on application and the second call of RM0.05 is capitalised from the Company's share premium account) shall be allotted to the existing shareholders of Engtex on the basis of one (1) Rights Share together with three (3) Warrants for every five (5) existing ordinary shares of RM0.50 each held in Engtex on 27 September 2007. The Warrants will be issued free to entitled shareholders who subscribe for the Rights Shares. The entitled shareholders can fully or partially renounce their entitlements for the Rights Shares together with the free detachable Warrants. However, the Rights Shares and the free detachable Warrants cannot be renounced separately. This announcement is dated 13 September 2007. |
Announcement Info
| Company Name | ENGTEX GROUP BERHAD |
| Stock Name | ENGTEX |
| Date Announced | 13 Sept 2007 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-070912-41672 |