PERSTIM
Rights Issue
PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
Entitlement subject | Rights Issue |
Type | Renounceable |
Entitlement description | (I) RENOUNCEABLE RIGHTS ISSUE OF 19,860,944 NEW ORDINARY SHARES IN PERSTIMA ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES IN PERSTIMA HELD AT 5.00 P.M. ON 14 OCTOBER 2020 AT AN ISSUE PRICE OF RM3.00 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE"); AND (II) BONUS ISSUE OF 9,930,472 NEW PERSTIMA SHARES ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF PERSTIMA AND/OR THEIR RENOUNCEES PURSUANT TO THE RIGHTS ISSUE ("BONUS ISSUE") (COLLECTIVELY REFERRED TO AS "CORPORATE EXERCISES") |
Ex-Date | 13 Oct 2020 |
Entitlement date | 14 Oct 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 | 14 Oct 2020 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | 12 Oct 2020 |
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) 3.0000 |
Par Value (if applicable) | |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
Entitlement | Ordinary Rights |
Ratio (New:Existing) | 1.0000 : 5.0000 |
Rights Crediting Date | 14 Oct 2020 |
Fractional Entitlement |
Registrar or Service Provider name, address, telephone no |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form for the Rights Issue (collectively, the "Documents") will be despatched to the shareholders of Perstima whose names appear in the Record of Depositors as at 5.00 p.m. on 14 October 2020 at their registered address in Malaysia or who have provided the Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on 14 October 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 complies with the laws of any countries or jurisdictions other than the laws of Malaysia. This announcement is dated 29 September 2020. |
Announcement Info
Company Name | PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD |
Stock Name | PERSTIM |
Date Announced | 29 Sep 2020 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-29092020-00005 |
Corporate Action ID | MY200929RHDI0001 |