DAYANG
Rights Issue
| DAYANG ENTERPRISE HOLDINGS BERHAD |
|
EX-date | 08/02/2011 |
| Entitlement date | 10/02/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of 110,000,000 new ordinary shares of RM0.50 each in Dayang Enterprise Holdings Bhd ("Dayang") ("Rights Share(s)") on the basis of one (1) Rights Share for every four (4) existing ordinary shares of RM0.50 each held in Dayang after the Bonus Issue (as defined herein) as at 5.00 p.m. on 10 February 2011 at an issue price of RM1.10 per Rights Share payable in full upon acceptance ("Rights Issue") |
| Period of interest payment | to |
| Financial Year End | 31/12/2010 |
| 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 | Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel: (603) 2264 3883 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 10/02/2011 |
| 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) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 4 |
| Rights Issues/Offer Price | 1.1 |
| Remarks : |
| The final number of Rights Shares to be issued pursuant to the Rights Issue will depend on the issued and paid-up share capital of Dayang on 10 February 2011 after the bonus issue involving 88,000,000 new ordinary shares of RM0.50 each in Dayang ("Bonus Share(s)") on the basis of one (1) Bonus Share for every four (4) existing ordinary shares of RM0.50 each ("Share(s)") held in Dayang as at 5.00 p.m. on 10 February 2011 ("Bonus Issue"). The entitled shareholders of the Bonus Issue shall be entitled to the Rights Issue. The Rights Shares shall be provisionally allotted to the entitled shareholders of Dayang whose names appear in the Record of Depositors of Dayang as at 5.00 p.m. on 10 February 2011 ("Entitled Shareholders"). On even date, Dayang has also announced that the book closure date for the Bonus Issue will be at 5.00 p.m. on 10 February 2011. The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form will be sent to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 24 January 2011. |
Announcement Info
| Company Name | DAYANG ENTERPRISE HOLDINGS BERHAD |
| Stock Name | DAYANG |
| Date Announced | 24 Jan 2011 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OI-110124-54395 |