HOOVER

Rights Issue

GRAND HOOVER BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
Renounceable rights issue of 50,000,000 new ordinary shares in Grand Hoover Berhad ("GHB") ("Rights Shares") at an issue price of RM0.60 per Rights Share, on the basis five (5) Rights Shares for every four (4) existing ordinary shares in GHB held by the entitled shareholders as at 5.00 p.m. on 5 August 2021 ("Rights Issue of Shares")
Ex-Date 04 Aug 2021
Entitlement date 05 Aug 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 05 Aug 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)
50,000,000
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.6000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
GRAND HOOVER BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 5.0000  : 4.0000
Rights Crediting Date 05 Aug 2021
Fractional Entitlement Round Down / Fraction Disregard
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

Wilayah Persekutuan

Malaysia

Tel:0320849000
Fax:0320949940


Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue of Shares (collectively referred to as the "Documents") are only to be despatched to the shareholders whose names appear in GHBs Record of Depositors as at 5.00 p.m. on 5 August 2021 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the share registrar, 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 (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue of Shares complies with the laws of any country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar, Securities Services (Holdings) Sdn Bhd, to effect the change of address by 5.00 p.m. on the Entitlement Date.

This announcement is dated 22 July 2021.


Announcement Info

Company Name GRAND HOOVER BERHAD
Stock Name HOOVER
Date Announced 22 Jul 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-22072021-00003
Corporate Action ID MY210722RHDI0001


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