LAGENDA
Rights Issue
D.B.E. GURNEY RESOURCES BERHAD |
EX-date | 28/02/2011 |
Entitlement date | 02/03/2011 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | Renounceable rights issue of 400,000,000 new ordinary shares of RM0.10 each in D.B.E. Gurney Resources Berhad ("DBE") ("Rights Shares") on the basis of five (5) Rights Shares for every one (1) existing ordinary share of RM0.10 each in DBE held at 5.00p.m. on 2 March 2011 at an issue price of RM0.10 per Rights Share together with 200,000,000 free detachable warrants ("Warrants") on the basis of one (1) warrant for every two (2) Rights Shares ("Rights Issue") |
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 no | Insurban Corporate Services Sdn Bhd 149, Jalan Aminuddin Baki Taman Tun Dr. Ismail 60000, Kuala Lumpur Telephone: (603) 7729 5529 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 02/03/2011 |
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 | 5 : 1 |
Rights Issues/Offer Price | 0.1 |
Remarks : |
The renounceable entitlements to the Rights Shares with Warrants must be subscribed by the entitled shareholders whose name appear in the Record of Depositors of DBE at 5.00 p.m. on 2 March 2011 ("Entitled Shareholders") in full or part (subject to the subscription of the Rights Shares with Warrants in an equal proportion), as a package and not to be subscribed separately or disproportionately. Entitled Shareholders who renounce all or any part of their entitlements to the Rights Shares provisionally allotted to them under the Rights Issue with Warrants will simultaneously relinquish their corresponding entitlements to the Rights Shares including their corresponding entitlements to the Warrants. The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form will be sent to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 16 February 2011. |
Announcement Info
Company Name | D.B.E. GURNEY RESOURCES BERHAD |
Stock Name | DBE |
Date Announced | 16 Feb 2011 |
Category | Entitlements (Notice of Book Closure) |
Reference No | OI-110216-57244 |