Rights Issue


EX-date 18 Jul 2018
Entitlement date 20 Jul 2018
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of 2,047,461,262 new ordinary shares in Priceworth International Berhad ("PWI") ("PWI Share(s)") ("Rights Share(s)") at an issue price of RM0.05 per Rights Share, together with a bonus issue of 1,023,730,631 new PWI shares (Bonus Share(s)) to be credited as fully paid-up on the basis of two (2) Rights Shares for every one (1) existing PWI share held and one (1) Bonus Share for every two (2) Rights Shares held, as at 5.00 p.m. on Friday, 20 July 2018
Period of interest payment   to  
Financial Year End 30 Jun 2017
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 SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:0378490777 Fax:0378418151
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 20 Jul 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 2 : 1
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.050
Par Value (if applicable)

Remarks :
Unless otherwise defined, all expressions used in this herein shall carry the same meaning as defined in the Circular dated 7 May 2018 in relation to the Rights Issue.

The Abridged Prospectus, together with the Notices of Provisional Allotment and Rights Subscription Forms (collectively, Documents), will only be despatched to the Entitled Shareholders who have a registered address in Malaysia and whose names appear in the Records of Depositors at 5.00 p.m. on the Entitlement Date. Foreign addressed Entitled Shareholders or renouncee(s) (if applicable) who have not provided to the Company with a registered address or an address for service in Malaysia, may collect the Documents from our Share Registrar, who is entitled to request such evidence as they deem necessary to satisfy themselves as to the identity and authority of the person collecting the Documents.

The Documents are not intended to be (and will not be) issued, circulated or distributed and the Rights Issue will not be made or offered or deemed to be made or offered for purchase or subscription, in any country or jurisdiction other than Malaysia or to persons who are or may be subject to the laws of any country or jurisdiction other than the laws of Malaysia. The Rights Issue to which this Abridged Prospectus relates is only available to persons receiving the Documents electronically or otherwise within 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 6 July 2018.

Announcement Info

Stock Name PWORTH
Date Announced 06 Jul 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-06072018-00003

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