TWL
Rights Issue
| TIGER SYNERGY BERHAD |
| EX-date | 13 Jan 2016 |
| Entitlement date | 15 Jan 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,393,420,600 NEW ORDINARY SHARES OF RM0.08 EACH IN TIGER SYNERGY BERHAD ("TIGER") ("TIGER SHARES") ("RIGHTS SHARES") ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING TIGER SHARE HELD AS AT 5.00 P.M. ON 15 JANUARY 2016 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 957,368,240 FREE DETACHABLE WARRANTS ("WARRANTS") AND AN ATTACHED BONUS ISSUE OF UP TO 478,684,120 NEW TIGER SHARES ("BONUS SHARES") ON THE BASIS OF TWO (2) WARRANTS AND ONE (1) BONUS SHARE FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS AND BONUS SHARES") |
| 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: 03-2084 9000 Fax: 03-2094 9940 / 2095 0292 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 15 Jan 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) | 2,393,420,600 |
| Entitlement indicator | Ratio |
| Ratio | 2 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.080 |
| Par Value | Malaysian Ringgit (MYR) 0.080 |
| Remarks : |
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the "Documents") relating to the Rights Issue of Shares with Warrants and Bonus Shares will only be despatched to the shareholders of Tiger who have registered addresses in Malaysia and whose names appear in Tiger's Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders with registered addresses outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of Tiger, 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 be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and Bonus Shares and the Documents comply with the laws of any country or jurisdiction other than Malaysia.
The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.
This announcement is dated 31 December 2015. |
Announcement Info
| Company Name | TIGER SYNERGY BERHAD |
| Stock Name | TIGER |
| Date Announced | 31 Dec 2015 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-30122015-00003 |