HUBLINE
Rights Issue
| HUBLINE BERHAD |
|
EX-date | 09/10/2009 |
| Entitlement date | 13/10/2009 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 621,676,421 NEW ORDINARY SHARES OF RM0.20 EACH IN HUBLINE BERHAD ("HUBLINE" OR "THE COMPANY") ("RIGHTS SHARE(S)") TOGETHER WITH UP TO 621,676,421 FREE DETACHABLE WARANTS ("WARRANT(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE AND ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.20 EACH HELD IN HUBLINE ("RIGHTS ISSUE") |
| 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 entitlements |
| Registrar's name ,address, telephone no | Securities Services (Holdings) Sdn Bhd Level 7 Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel: (603) 2084 9000 Fax: (603) 2094 9940, 2095 0292 |
| Payment date | |
| a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 13/10/2009 |
| 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 : 2 |
| Rights Issues/Offer Price | 0.2 |
| Remarks : |
| The renounceable entitlements to the Rights Shares with Warrants must be subscribed by the entitled shareholders whose name appear in the Record of Depositors of Hubline at 5.00 p.m. on 13 October 2009 ("Entitled Shareholders") in full or part (subject to the subscription of the Rights Shares with Warrants in an equal proportion), as a package and not to be subscribed separately or disproportionately. Entitled Shareholders who renounce all or any part of their entitlements to the Rights Shares provisionally allotted to them under the Rights Issue with Warrants will simultaneously relinquish their corresponding entitlements to the Warrants. The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form will be sent to the Entitled Shareholders on 15 October 2009 This announcement is dated 29 September 2009. |
Announcement Info
| Company Name | HUBLINE BERHAD |
| Stock Name | HUBLINE |
| Date Announced | 29 Sept 2009 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OI-090928-50861 |