SBCCORP
Rights Issue
| SBC CORPORATION BERHAD |
|
EX-date | 29/10/2013 |
| Entitlement date | 31/10/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 49,461,000 new ordinary shares of RM1.00 each in SBC Corporation Berhad ("SBC") ("SBC Shares") ("Rights Shares") at an issue price of RM1.00 per Rights Share, together with an attached bonus issue of up to 24,730,500 new SBC Shares ("Bonus Shares") to be credited as fully paid-up, on the basis of three (3) Rights Shares for every five (5) existing SBC Shares held as at 5.00 p.m. on 31 October 2013 ("Entitlement Date") and one (1) Bonus Share for every two (2) Rights Shares subscribed for ("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 no | Tacs Corporate Services Sdn Bhd Unit No. 203, 2nd Floor, Block C Damansara Intan No. 1, Jalan SS20/27 47400 Petaling Jaya Selangor Darul Ehsan Tel. No.: (603) 7118 2688 Fax. No.: (603) 7118 2693 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 31/10/2013 |
| 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 | 3 : 5 |
| Rights Issues/Offer Price | 1 |
| Remarks : |
| The final number of Rights Shares with attached Bonus Shares to be issued pursuant to the Rights Issue will depend on the issued and paid-up share capital of SBC on the Entitlement Date. The Rights Shares with attached Bonus Shares shall be provisionally allotted to the shareholders of SBC whose names appear in the Record of Depositors of SBC on the Entitlement Date ("Entitled Shareholders"). The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form in relation to the Rights Issue (collectively, the "Documents"), will only be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date at their registered address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue and the Documents comply with the laws of countries or jurisdictions other than the laws of Malaysia. This announcement is dated 17 October 2013. |
Announcement Info
| Company Name | SBC CORPORATION BERHAD |
| Stock Name | SBCCORP |
| Date Announced | 17 Oct 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-131017-41000 |