HUBLINE
Rights Issue
HUBLINE BERHAD |
EX-date | 18/09/2012 |
Entitlement date | 20/09/2012 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 1,080,378,032 NEW ORDINARY SHARES OF RM0.20 EACH IN HUBLINE BERHAD (“HUBLINE”) (“RIGHTS SHARE(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.20 EACH HELD IN HUBLINE (“HUBLINE SHARE(S)”) TOGETHER WITH 432,151,213 FREE DETACHABLE NEW WARRANTS 2009/2019 (“WARRANT(S) 2009/2019”) (“ADDITIONAL WARRANT(S)”) ON THE BASIS OF TWO (2) ADDITIONAL WARRANTS FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED IN HUBLINE AT 5.00 P.M. ON 20 SEPTEMBER 2012, AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.07 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.13 IS TO BE CAPITALISED FROM HUBLINE’S SHARE PREMIUM AND RETAINED EARNINGS ACCOUNTS (“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: (03) 2084 9000 Fax: (03) 2094 9940 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 20/09/2012 |
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 Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, “Documents”), will only be despatched to the shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 20 September 2012 (“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 20 September 2012. The date of listing of the Rights Shares and the Additional Warrants to be issued pursuant to the Rights Issue on the Main Market of Bursa Malaysia Securities Berhad will be on 19 October 2012. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date. Pursuant to the Rights Issue, on behalf of the Board of Directors of Hubline, OSK Investment Bank Berhad also wishes to announce that no adjustment will be required to be made to the exercise price and the number of the outstanding warrants 2009/2019 (“Outstanding Warrant(s)”) respectively in accordance with the deed poll dated 28 September 2009. Accordingly, no notice of the adjustment will be despatched to the holders of the Outstanding Warrants. This announcement is dated 3 September 2012. |
Announcement Info
Company Name | HUBLINE BERHAD |
Stock Name | HUBLINE |
Date Announced | 3 Sept 2012 |
Category | Entitlements (Notice of Book Closure) |
Reference No | OI-120903-58499 |