DPS
Rights Issue
| DPS RESOURCES BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 89,958,521 NEW ORDINARY SHARES IN DPS RESOURCES BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 SHARES HELD AS AT 5.00 P.M. ON 9 NOVEMBER 2023 AT AN ISSUE PRICE OF RM0.55 PER RIGHTS SHARE, TOGETHER WITH UP TO 71,966,816 FREE DETACHABLE WARRANTS C ("WARRANTS C") ON THE BASIS OF 4 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
| Ex-Date | 08 Nov 2023 |
| Entitlement date | 09 Nov 2023 |
| 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 | 09 Nov 2023 |
| 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) 0.5500 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | DPS RESOURCES BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 2.0000 |
| Rights Crediting Date | 09 Nov 2023 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
| Remarks : |
The abridged prospectus, together with the rights subscription form and the notice of provisional allotments relating to the Rights Issue (collectively referred to as "Documents") will only be despatched to the shareholders of the Company whose names appear in the Companys Record of Depositors as at 5.00 p.m. on 9 November 2023 ("Entitlement Date") ("Entitled Shareholders") at their registered addresses in Malaysia or who have provided the Companys share registrar, Securities Services (Holdings) Sdn. Bhd., with their Malaysian address in writing by 5.00 p.m. on the Entitlement Date. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on the Entitlement Date.
The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue or the Documents comply with the laws of any countries or jurisdictions other than the laws of Malaysia.
The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date.
This announcement is dated 24 October 2023. |
Announcement Info
| Company Name | DPS RESOURCES BERHAD |
| Stock Name | DPS |
| Date Announced | 24 Oct 2023 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-24102023-00004 |
| Corporate Action ID | MY231024RHDI0001 |