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SIGGAS

Rights Issue

SIG GASES BERHAD

EX-date

28/11/2014
Entitlement date02/12/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 37,500,000 NEW ORDINARY SHARES OF RM0.50 EACH IN SIG (“SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD IN SIG AS AT 5.00 P.M. ON 2 DECEMBER 2014, AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.36 PER RIGHTS SHARE IS PAYABLE IN CASH AND THE SECOND CALL OF RM0.14 PER RIGHTS SHARE IS TO BE CAPITALISED FROM THE RETAINED EARNINGS RESERVE OF SIG (“TWO-CALL 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 entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Malaysia

Tel: 03-2264 3883
Fax: 03-22821886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers02/12/2014 
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)37500000 
Entitlement indicatorRatio
Ratio 1 : 4
Rights Issues/Offer Price 0.5

Remarks :
The Abridged Prospectus together with the Notice of Provisional Allotment of Rights Shares and Rights Subscription Form (collectively, the “Documents”), will only be dispatched to the shareholders of SIG who have a registered address in Malaysia in the Record of Depositors of the Company at 5.00 p.m. on 2 December 2014 (the "Entitlement Date") or who have provided our Share Registrar, Tricor Investor Services Sdn Bhd, with a registered address in Malaysia in writing prior to the Entitlement Date.

The Documents are not intended to be (and will not be) issued, circulated or distributed and the Two-Call Rights Issue is not intended to be (and will not be) made or offered for purchase or subscription, in any country or jurisdiction other than Malaysia or to persons who are or may be subject to the laws of any country or jurisdiction other than Malaysia, nor under or in accordance with any laws other than that of, nor lodged, registered or approved by any regulatory authority or relevant body other than those in Malaysia. No action has been or will be taken to ensure that the Two-Call Rights Issue and the Documents comply with the laws of any country or jurisdiction other than the laws of Malaysia. It shall be the sole responsibilities of Entitled Shareholders and/or their renouncee(s) (if applicable) who are or may be subject to the laws of country or jurisdiction other than Malaysia to consult their legal and/or other professional advisers and to satisfy themselves as to whether the acceptance or renunciation (as the case may be) of all or part of their entitlements to the Two-Call Rights Issue would result in the contravention of the laws of such country or jurisdiction.

This announcement is dated 17 November 2014.


Announcement Info

Company NameSIG GASES BERHAD  
Stock Name SIGGAS    
Date Announced17 Nov 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-141117-36615