Rights Issue



Entitlement date16/12/2011
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of 354,146,000 new ordinary shares of RM0.50 each in Hiap Teck Venture Berhad ("Hiap Teck") (“Rights Shares”) on the basis of one (1) Rights Share for every one (1) existing ordinary share of RM0.50 each in Hiap Teck ("Hiap Teck Share") held as at 5.00 p.m. on 16 December 2011, at an issue price of RM0.50 per Rights Share, together with 88,536,500 free detachable warrants (“Warrants”) on the basis of one (1) Warrant for every four (4) Rights Shares subscribed
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 noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Helpdesk Tel: 03- 7849 0777
Tel: 03- 7841 8000
Fax: 03- 7841 8151/8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers16/12/2011 
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)354146000 
Entitlement indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price 0.5

Remarks :
A total of 32,196,000 Hiap Teck Shares were alloted and issued on 30 November 2011 to Shougang International (Singapore) Pte Ltd pursuant to the Private Placement.

The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, "Documents"), are only dispatched to shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 16 December 2011 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 16 December 2011.

The Documents will not be dispatched to the Entitled Shareholders who have not provided an address in 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, Symphony Share Registrars Sdn Bhd to effect the change of address prior to 16 December 2011.

This announcement is dated 2 December 2011.

Announcement Info

Stock Name HIAPTEK    
Date Announced2 Dec 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoML-111129-62657

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