Rights Issue

Amended Announcements
Please refer to the earlier announcement reference number: OI-120727-65259



Entitlement date10/08/2012
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of 200,000,000 new ordinary shares of RM0.10 each in Destini Berhad (formerly known as Satang Holdings Berhad) ("Destini") ("Destini Share(s)") ("Rights Share(s)") on the basis of five (5) Rights Shares for every two (2) existing Destini Shares held as at 5.00 p.m. on 10 August 2012 at an issue price of RM0.10 per Rights Share ("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 noInsurban Corporate Services Sdn Bhd
149, Jalan Aminuddin Baki
Taman Tun Dr. Ismail
60000 Kuala Lumpur
Tel: 03-7729 5529
Fax: 03-7728 5948
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers10/08/2012 
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 indicatorRatio
Ratio 5 : 2
Rights Issues/Offer Price 0.1

Remarks :
The Abridged Prospectus together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of Destini whose names appear on the Record of Depositors at 5.00 p.m. on 10 August 2012 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 10 August 2012.

The Abridged Prospectus together with the NPA and RSF, will not be despatched to the foreign Entitled Shareholders who have not provided an address in Malaysia. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 10 August 2012.

The aforementioned documents will be despatched to the Entitled Shareholders on 14 August 2012.

This announcement is dated 27 July 2012.

Announcement Info

Stock Name DESTINI    
Date Announced27 Jul 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoOI-120727-68198

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