SUNWAY
Rights Issue
| SUNWAY BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,112,777,962 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS") IN SUNWAY BERHAD ("SUNWAY") AT AN ISSUE PRICE OF RM1.00 PER ICPS ON THE BASIS OF ONE ICPS FOR EVERY FIVE EXISTING ORDINARY SHARES IN SUNWAY HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 NOVEMBER 2020 ("RIGHTS ISSUE OF ICPS") |
| Ex-Date | 05 Nov 2020 |
| Entitlement date | 06 Nov 2020 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 06 Nov 2020 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.0000 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | SUNWAY BERHAD |
| Entitlement | Preference Rights |
| Ratio (New:Existing) | 1.0000 : 5.0000 |
| Rights Crediting Date | 06 Nov 2020 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| 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 Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents") are despatched only to shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 6 November 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided our Share Registrar for the Rights Issue of ICPS with a registered address in Malaysia in writing by 5.00 p.m. on 6 November 2020.
The Documents are not intended to and will not be made to comply with the laws of any jurisdiction other than Malaysia and are not intended to be and will not be issued, circulated or distributed in jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of ICPS complies with the laws of any jurisdiction other than the laws of Malaysia.
Acceptance of and payment for the Provisional Allotments and Excess ICPS Applications of the Rights Issue of ICPS must be made on the Rights Subscription Form or by way of e-Subscription which is available at https://tiih.online. ("TIIH Online"), a website of our Share Registrar for the Rights Issue of ICPS, Tricor Investor & Issuing House Services Sdn Bhd. All our shareholders with a registered address in Malaysia are encouraged to register as a user of TIIH Online in order to subscribe for the Rights Issue of ICPS electronically. Kindly log on to TIIH Online for information on how to register as a new user. Electronic notification in the form of email will be sent to Entitled Shareholders who are registered users of TIIH Online within two market days after the BCD.
This announcement is dated 22 October 2020. |
Announcement Info
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 22 Oct 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-21102020-00003 |
| Corporate Action ID | MY201021RHDI0001 |