ELKDESA
Rights Issue
| ELK-DESA RESOURCES BERHAD |
| EX-date | 22 Sep 2015 |
| Entitlement date | 25 Sep 2015 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 62,500,000 NEW ORDINARY SHARES OF RM1.00 EACH IN ELK-DESA RESOURCES BERHAD ("ELK-DESA SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ELK-DESA SHARES HELD AS AT 5.00 P.M. ON FRIDAY, 25 SEPTEMBER 2015 AT AN ISSUE PRICE OF RM1.20 PER RIGHTS SHARE ("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 entitlement |
| Registrar or Service Provider name, address, telephone no | Tricor Investor Services Sdn Bhd (118401-V) Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel: 03-22643883 With effect from 21 September 2015, the address and telephone number of Tricor Investor Services Sdn Bhd shall be: Unit 32-01, Level 32, Tower A Vertical Business Suite. Avenue 3 Bangsar South No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel: 03-27839299 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25 Sep 2015 |
| 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) | 62,500,000 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.200 |
| Par Value | Malaysian Ringgit (MYR) 1.000 |
| Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, "Documents"), will only be despatched to shareholders of ELK-Desa whose names appear in the Record of Depositors as at 5.00 p.m. on 25 September 2015 ("Entitled Shareholders") at their registered address in Malaysia or who have provided the Share Registrar with a registered address in Malaysia no later than 5.00 p.m. on Friday, 25 September 2015.
The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.
The Documents will not be despatched to the Entitled Shareholders who have not provided an address in Malaysia.
Entitled Shareholders who are without an address for the service of Documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar, Tricor Investor Services Sdn Bhd to effect the change of address prior to 25 September 2015.
The Documents are not intended to be issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the law of any country or jurisdiction other than the laws of Malaysia. |
Announcement Info
| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 09 Sep 2015 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-09092015-00001 |