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EX-date 19 Nov 2018
Entitlement date 22 Nov 2018
Entitlement time 05:00 PM
Entitlement subject Adjustment
Entitlement description Adjustments to the exercise price and number of the outstanding Warrants 2009/2019 (Warrants A) issued by Hubline Berhad ("Hubline") pursuant to the renounceable rights issue of up to 1,417,256,368 new ordinary each in Hubline Berhad (Hubline) ("Rights Share(s)") on the basis of 3 Rights Shares for every 5 ordinary shares held in Hubline (Hubline Share(s)), together with up to 944,837,579 free detachable new warrants ( Warrant(s) C) on the basis of 2 Warrants C for every 3 Rights Shares subscribed for as at 5.00 p.m. on Thursday, 22 November 2018 at an issue price of RM0.037 per Rights Share ("Rights Issue 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:0320849000 Fax:0320949940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 22 Nov 2018
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 0.0761 : 1
Rights Issue/Offer Price
Par Value (if applicable)

Remarks :
The notices of book closure for the Rights Issue with Warrants and the adjustments to Warrants B have been announced separately vide the Company's announcements dated 7 November 2018.

The additional Warrants A consequential to the Rights Issue with Warrants will be allotted and issued in accordance with the provisions of the Deed Poll A to the entitled Warrant A holders who have not exercised their outstanding Warrants A and whose names appear on the Record of Depositors of outstanding Warrants A as at 5.00 p.m. on 22 November 2018.

Fractional entitlements arising from the Adjustments, if any, will be disregarded and/or shall be dealt with by the Board of Directors of the Company ("Board") in such manner as the Board in its absolute discretion deems fit and expedient or in the best interest of the Company. 

The additional Warrants A will be listed and quoted simultaneously with the Rights Shares, Warrants C and additional Warrants B. The notice to Warrant A holders setting out the details of the Adjustments to Warrants A and the notice of allotment of the additional Warrants A will be despatched in due course.

Warrant A holders who wish to be entitled to the Rights Issue with Warrants should exercise their rights to subscribe for new Hubline Shares by lodging their duly completed exercise forms together with the subscription monies with the Share Registrar, Securities Service (Holdings) Sdn Bhd, on or before 5.00 p.m. on 12 November 2018. This is to enable the new Hubline Shares to be issued arising from such exercise to be allotted to the respective Warrant A holders such that their names will appear on the Record of Depositors of Hubline Shares as at 5.00 p.m. on Thursday,22 November 2018.

This announcement is dated 7 November 2018.

Announcement Info

Date Announced 07 Nov 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-07112018-00011