ARBB

Rights Issue

ARB BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,075,350,500 NEW ORDINARY SHARES IN ARB BERHAD ("ARB" OR THE "COMPANY") ("ARB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 JANUARY 2022 ("RIGHTS ISSUE")
Ex-Date 17 Jan 2022
Entitlement date 19 Jan 2022
Entitlement time 5:00 PM
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 19 Jan 2022
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)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.1200
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
ARB BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 19 Jan 2022
Fractional Entitlement
Registrar or Service Provider name, address, telephone no ALDPRO CORPORATE SERVICES SDN BHD
Level 5, Block B, Dataran PHB
Saujana Resort, Section U2

40150 Shah Alam

Selangor

Malaysia

Tel:0378900638
Fax:0378901032


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 19 January 2022 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, AldPro Corporate Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 19 January 2022.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in 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 country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 19 January 2022.

Holders of ARB irredeemable convertible preference shares 2019/2024 ("ICPS") who wish to be entitled to the Rights Shares must convert their ICPS into new Shares by lodging their duly completed conversion forms together with the relevant subscription monies with the Share Registrar, AldPro Corporate Services Sdn Bhd, on or before 5.00 p.m. on 12 January 2022. This is to enable the new Shares arising from such conversion to be allotted to the respective holders of the ICPS such that their names will appear on the Record of Depositors of the Company by 5.00 p.m. on 19 January 2022.

This announcement is dated 31 December 2021.


Announcement Info

Company Name ARB BERHAD
Stock Name ARBB
Date Announced 31 Dec 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-31122021-00001
Corporate Action ID MY211231RHDI0001


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