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OWG

Rights Issue

ONLY WORLD GROUP HOLDINGS BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 160,259,996 NEW ORDINARY SHARES IN ONLY WORLD GROUP HOLDINGS BERHAD ("OWG") ("OWG SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.21 PER RIGHTS SHARE TOGETHER WITH UP TO 80,129,998 FREE DETACHABLE WARRANTS IN OWG ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING OWG SHARES HELD AS AT 5.00 P.M. ON 3 NOVEMBER 2020
Ex-Date 02 Nov 2020
Entitlement date 03 Nov 2020
Entitlement time 05:00 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 03 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) 0.2100
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
ONLY WORLD GROUP HOLDINGS BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 2.0000  : 5.0000
Rights Crediting Date 03 Nov 2020
Fractional 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

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5:00 p.m. on 3 November 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd with a registered address in Malaysia in writing by 5:00 p.m. on 3 November 2020.

The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with laws of any countries or jurisdictions other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers or the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by 5:00 p.m. on 3 November 2020.

Holders of outstanding warrants 2018/2023 ("Warrant(s) A") ("Warrant(s) A Holders") who wish to be entitled to the Rights Shares with Warrants should exercise their Warrants A by lodging their duly completed Warrants A exercise forms together with the relevant exercise subscription monies with the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, on or before 5.00 p.m. on 23 October 2020. This is to enable their names to appear in the Company's Record of Depositors by 5.00 p.m. on 3 November 2020.

This announcement is dated 16 October 2020.


Announcement Info

Company Name ONLY WORLD GROUP HOLDINGS BERHAD
Stock Name OWG
Date Announced 16 Oct 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-01102020-00008
Corporate Action ID MY201001RHDI0001


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