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TAWIN

Rights Issue

TA WIN HOLDINGS BERHAD

EX-date 11 Jul 2019
Entitlement date 12 Jul 2019
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description RENOUNCEABLE RIGHTS ISSUE OF 238,841,790 ORDINARY SHARES IN TA WIN HOLDINGS BERHAD ("TA WIN") ("TA WIN SHARES" OR "SHARES") ("RIGHTS SHARES") AND 477,683,580 IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN TA WIN ("ICPS") TOGETHER WITH 159,227,860 FREE DETACHABLE WARRANTS ("WARRANTS") AT THE ISSUE PRICE OF RM0.10 PER RIGHTS SHARE AND RM0.025 PER ICPS ON THE BASIS OF 3 RIGHTS SHARES AND 6 ICPS TOGETHER WITH 2 WARRANTS FOR EVERY 1 EXISTING TA WIN SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 12 JULY 2019
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
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 12 Jul 2019
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 3 : 1
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Rights Issue involves the issuance of 238,841,790 Rights Shares and 477,683,580 ICPS together with 159,227,860 Warrants on the basis of 3 Rights Shares and 6 ICPS together with 2 Warrants for every 1 existing Ta Win Share held on the entitlement date at the issue price of RM0.10 per Rights Share and RM0.025 per ICPS. The renounceable entitlements to both Rights Shares and ICPS must be subscribed by the entitled shareholders in full or in part (subject to the subscription of the Rights Shares and ICPS in the proportion as set out above) as a package and not to be subscribed separately or disproportionately. 

The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form for the Rights Issue (collectively referred to as the "Documents"), will be despatched to the shareholders of Ta Win whose names appear in the Record of Depositors at 5.00 p.m. on 12 July 2019 at their registered address in Malaysia or who have provided the Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on 12 July 2019. The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any countries or jurisdictions other than the laws of Malaysia.

This announcement is dated 28 June 2019.


Announcement Info

Company Name TA WIN HOLDINGS BERHAD
Stock Name TAWIN
Date Announced 28 Jun 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-27062019-00005