IGBB
Offer for Sale
Amended Announcements
Please refer to the earlier announcement reference number: ENT-18052021-00017
IGB BERHAD |
Entitlement subject | Offer for Sale |
Type | Non-renounceable |
Entitlement description | RESTRICTED OFFERING OF UP TO 945,000,132 UNITS IN IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST ("IGB COMMERCIAL REIT") ("UNITS") COMPRISING: (A) RESTRICTED OFFER FOR SALE OF UP TO 378,000,053 UNITS ("ROFS UNITS") ON A NON-RENOUNCEABLE BASIS TO ENTITLED SHAREHOLDERS OF IGB BERHAD ("IGB") ON THE BASIS OF TWO (2) ROFS UNITS FOR EVERY FIVE (5) ORDINARY SHARES IN IGB HELD ON THE ENTITLEMENT DATE AT THE PRICE OF RM1.00 PER ROFS UNIT; AND (B) DISTRIBUTION-IN-SPECIE OF UP TO 567,000,079 UNITS ("DIS UNITS") TO BE DISTRIBUTED ONLY TO ENTITLED SHAREHOLDERS OF IGB WHO HAVE SUBSCRIBED FOR THEIR ENTITLEMENTS TO THE ROFS UNITS ON THE BASIS OF THREE (3) DIS UNITS FOR EVERY TWO (2) ROFS UNITS SUBSCRIBED, ("RESTRICTED OFFERING"). |
Ex-Date | 03 Jun 2021 |
Entitlement date | 04 Jun 2021 |
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 | 04 Jun 2021 |
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 | |
Par Value (if applicable) | |
Despatch Date | |
Date for announcement of final subscription result and basis of allotment of excess Rights Securities | |
Allow Excess Application | No |
Last Date and Time for | |
Acceptance and Payment | 06 Jul 2021 05:00 PM |
Available/Listing Date | 30 Jul 2021 |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | IGB Commercial Real Estate Investment Trust |
Entitlement | units |
Ratio (New:Existing) | 2.0000 : 5.0000 |
Rights Issue / Offer Price | Malaysian Ringgit (MYR) 1.0000 |
Fractional Entitlement | Round Down / Fraction Disregard |
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 : |
IGB LISTING OF IGB COMMERCIAL REIT ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING") Reference is made to the announcements in relation to the Listing and the circular to shareholders of IGB dated 13 April 2021 ("Circular"). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Circular. FOR THE AVOIDANCE OF DOUBT, THE ENTITLEMENT DATE AND TIME PREVIOUSLY ANNOUNCED, BEING 4 JUNE 2021 AT 5.00 P.M., REMAIN UNCHANGED. The last date and time for acceptance and payment as well as the listing date set out above are tentative only and may be subject to change. An announcement on the timetable for the Listing will be made in due course. The ROFS is non-renounceable and non-tradeable, and are to be offered solely based on the contents of the Prospectus to be issued by IGB Commercial REIT. Entitled Shareholders (as defined herein) may fully or partially subscribe for their entitlement to the ROFS Units and will be entitled to receive the corresponding DIS Units. Further details on the Restricted Offering are set out in the Prospectus which will be despatched to the shareholders of IGB in due course. The Prospectus together with the accompanying Offer Acceptance Form as well as the Notice of Provisional Offer (collectively, the "Documents") will be despatched to the entitled shareholders whose names appear in the Record of Depositors ("ROD") of IGB as at 5.00 p.m. on 4 June 2021 ("Entitled Shareholders") at their addresses in Malaysia as shown in the ROD or at their addresses in Malaysia provided by them by 5.00 p.m. on 4 June 2021 to Bursa Depository. An Entitled Shareholder may only exercise his/her/its rights in respect of the Restricted Offering to the extent that it would be lawful to do so. The Documents are not intended to be and will not be issued, circulated or distributed in any jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Restricted Offering and the Documents comply with the laws of any countries or jurisdictions other than Malaysia. This announcement is dated 2 June 2021. |
Announcement Info
Company Name | IGB BERHAD |
Stock Name | IGBB |
Date Announced | 02 Jun 2021 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-02062021-00004 |
Corporate Action ID | MY210518PRIO0001 |