HIBISCS
Others
| HIBISCUS PETROLEUM BERHAD |
| EX-date | 14 Mar 2018 |
| Entitlement date | 16 Mar 2018 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Others |
| Entitlement description | Issuance of up to 317,645,738 free warrants in Hibiscus Petroleum Berhad ("Hibiscus Petroleum") ("Warrants 2018/2021") on the basis of one (1) new Warrant 2018/2021 for every five (5) existing ordinary shares in Hibiscus Petroleum held as at 5.00 p.m. on 16 March 2018 ("Entitlement Date") ("Free Warrants 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 entitlement |
| 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 Tel: 03-2783 9299 Fax: 03-2783 9222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 16 Mar 2018 |
| 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 Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The actual number of Warrants 2018/2021 to be issued pursuant to the Free Warrants Issue would depend on the number of the issued ordinary share capital of Hibiscus Petroleum on the Entitlement Date. Any fractional entitlements arising from the Free Warrants Issue shall be dealt with in such manner and on such terms and conditions as the board of directors of Hibiscus Petroleum at its absolute discretion deems fit or expedient and in the best interest of Hibiscus Petroleum. This announcement is dated 2 March 2018. |
Announcement Info
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 02 Mar 2018 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-02032018-00006 |