Rights Issue



Entitlement date21/10/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue with warrants of 190,174,116 new ordinary shares of RM0.10 each in Prinsiptek Corporation Berhad ("PCB" or the “Company”) ("Rights Share(s)") on the basis of three (3) Rights Shares for every two (2) ordinary shares of RM0.10 each PCB ("PCB Share(s)") at 5.00 p.m. on 21 October 2014, together with 126,782,744 free detachable new warrants (“Warrant(s)”) on the basis of two (2) Warrants for every three (3) Rights Shares successfully subscribed for, at an issue price of RM0.18 per Rights Shares (“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 entitlements
Registrar's name ,address, telephone noMega Corporate Services Sdn Bhd
Level 15-2, Bangunan Faber Imperial Court
Jalan Sultan Ismail
50250 Kuala Lumpur, Malaysia

Telephone No.: 603-2692 4271
Fax No.: 603-2732 5388/539
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers21/10/2014 
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)190174116 
Entitlement indicatorRatio
Ratio 3 : 2
Rights Issues/Offer Price 0.18

Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of PCB whose names appear on the Record of Depositors at 5.00 p.m. on 21 October 2014 ("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 21 October 2014.

The Abridged Prospectus, together with the NPA and RSF, will not be despatched to the foreign Entitled Shareholders who have not provided an address in Malaysia. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 21 October 2014.

The aforementioned documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

This announcement is dated 7 October 2014.

Announcement Info

Stock Name PSIPTEK    
Date Announced7 Oct 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-141007-51603

View original