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KNM

Rights Issue

KNM GROUP BERHAD

EX-date

25/03/2015
Entitlement date27/03/2015
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 430,431,442 NEW ORDINARY SHARES OF RM0.50 EACH IN KNM GROUP BERHAD (“KNM”) (“KNM SHARE(S) OR “SHARE(S)”) (“RIGHTS SHARE(S)”) ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 EXISTING KNM SHARES HELD AS AT 5.00P.M. ON 27 MARCH 2015 (“ENTITLEMENT DATE”) TOGETHER WITH UP TO 215,215,721 NEW FREE DETACHABLE WARRANTS (“WARRANT(S) B”) ON THE BASIS OF 1 WARRANT B FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR, AT AN ISSUE PRICE OF RM0.50 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 entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan

Tel. No.: (603) 7841 8000
Fax. No.: (603) 7841 8151/8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers27/03/2015 
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)430431442 
Entitlement indicatorRatio
Ratio 1 : 5
Rights Issues/Offer Price 0.5

Remarks :
The Rights Shares with Warrants B shall be provisionally allotted to the shareholders of KNM whose names appear in its Record of Depositors on the Entitlement Date, subject to the terms and conditions as set out in the Abridged Prospectus together with the Notice of Provisional Allotment of Rights Shares with Warrants and the Rights Subscription Form (collectively referred to as the “Documents”) to be issued in relation to the Rights Issue with Warrants. The Documents will be despatched to the shareholders of KNM on 31 March 2015 (“Entitled Shareholders”) at their registered address in Malaysia. The Documents will also be made available on Bursa Malaysia Securities Berhad’s website (www.bursamalaysia.com) from 27 March 2015 onwards.

The Documents will not be despatched to the foreign Entitled Shareholders who have not provided an address in Malaysia. Foreign Entitled Shareholders who do not have an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address not later than 5.00 p.m. on 27 March 2015.

The Documents are not intended to be and should not be distributed, forwarded to or transmitted in or into countries or jurisdictions where to do so might constitute a violation of the securities laws or regulations of such countries or jurisdictions. No action has been or will be taken to ensure that either the Rights Issue with Warrants or the Documents comply with the laws of any country or jurisdiction other than the laws of Malaysia.

This announcement is dated 13 March 2015.


Announcement Info

Company NameKNM GROUP BERHAD  
Stock Name KNM    
Date Announced13 Mar 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoMH-150313-40640