Rights Issue


EX-date 29 Jan 2016
Entitlement date 03 Feb 2016
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable two-call rights issue of up to 96,230,650 new ordinary shares of RM0.50 each in Innoprise Plantations Berhad ("Innoprise") after the Share Split ("Split Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every four (4) Split Shares held as at 5.00 p.m. on 3 February 2016 at an issue price of RM0.50 per Rights Share, of which the First Call of RM0.38 will be payable in cash on application and the Second Call of RM0.12 will be capitalised from Innoprise's share premium and retained earnings account ("Two-Call Rights Issue")
Period of interest payment   to  
Financial Year End 31 Dec 2016
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 SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:0378490777 Fax:0378418151
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 03 Feb 2016
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)
Entitlement indicator Ratio
Ratio 1 : 4
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.500
Par Value Malaysian Ringgit (MYR) 0.500

Remarks :
The Abridged Prospectus together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of Innoprise whose names appear on the Record of Depositors at 5.00 p.m. on 3 February 2016 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 3 February 2016. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 3 February 2016.

The date of listing of the Rights Shares pursuant to the Two-Call Rights Issue on the Main Market of Bursa Malaysia Securities Berhad will be on 4 March 2016.

The aforementioned documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date. 

This announcement is dated 14 January 2016.

Announcement Info

Stock Name INNO
Date Announced 14 Jan 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-14012016-00007

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