PCCS
Rights Issue
| PCCS GROUP BERHAD |
| EX-date | 28 Nov 2017 |
| Entitlement date | 30 Nov 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 150,030,005 NEW ORDINARY SHARES IN PCCS GROUP BERHAD ("PCCS") ("PCCS SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING PCCS SHARES HELD AS AT 5.00 P.M. ON 30 NOVEMBER 2017 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE, TOGETHER WITH UP TO 90,018,003 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS") |
| 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 | Securities Services (Holdings) Sdn Bhd Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel. no. : 03-2084 9000 Fax. no. : 03-2094 9940 / 2095 0292 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 30 Nov 2017 |
| 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) | 150,030,005 |
| Entitlement indicator | Ratio |
| Ratio | 5 : 2 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.200 |
| Par Value (if applicable) | |
| Remarks : |
The abridged prospectus, together with the notice of provisional allotment and the rights subscription form (collectively referred to as the "Documents") relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of PCCS who have registered addresses in Malaysia and whose names appear in PCCS's Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders with registered addresses outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of PCCS, Securities Services (Holdings) Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia.
The Documents will be despatched to the Entitled Shareholders not later than 2 market days from the Entitlement Date.
This announcement is dated 16 November 2017. |
Announcement Info
| Company Name | PCCS GROUP BERHAD |
| Stock Name | PCCS |
| Date Announced | 16 Nov 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-16112017-00002 |