BTM

Rights Issue

BTM RESOURCES BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,183,929,204 NEW ORDINARY SHARES IN BTM RESOURCES BERHAD ("BTM" OR THE "COMPANY") ("BTM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 394,643,068 FREE DETACHABLE WARRANTS IN BTM ("WARRANTS-C") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 EXISTING BTM SHARE TOGETHER WITH 1 WARRANT-C FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR, AT 5.00 P.M. ON THURSDAY, 15 DECEMBER 2022 ("RIGHTS ISSUE WITH WARRANTS-C")
Ex-Date 14 Dec 2022
Entitlement date 15 Dec 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 15 Dec 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) 0.0800
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
BTM RESOURCES BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 6.0000  : 1.0000
Rights Crediting Date 15 Dec 2022
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SECTRARS MANAGEMENT SDN BHD
Lot 9-7, Menara Sentral Vista
No. 150, Jalan Sultan Abdul Samad

Brickfields

50470 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0322766138
Fax:0322766131


Remarks :
The Abridged Prospectus, together with the notice of provisional allotment and rights subscription forms pursuant to the Rights Issue with Warrants-C (collectively, the "Documents") will only be despatched to the entitled shareholders whose names appear in Company's record of depositors and who have a registered address in Malaysia or who have provided the Company's share registrar, Sectrars Management Sdn Bhd ("Share Registrar"), with a registered address in Malaysia in writing ("Entitled Shareholder(s)") as at 5.00 p.m. on 15 December 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 with Warrants-C complies with the laws of any countries or jurisdictions other than the laws of Malaysia.

The Documents will not be sent to the foreign Entitled Shareholder(s) and/or their renouncee(s) and/or transferee(s) (if applicable) who do not have a registered address in Malaysia. However, such foreign Entitled Shareholder(s) and/or their renouncee(s) and/or transferee(s) (if applicable) may collect the Documents from the Company's Share Registrar, Sectrars Management Sdn Bhd, in which event the Company's Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the aforesaid documents.

This announcement is dated 30 November 2022.


Announcement Info

Company Name BTM RESOURCES BERHAD
Stock Name BTM
Date Announced 30 Nov 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-28112022-00007
Corporate Action ID MY221128RHDI0001


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