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MINETEC

Rights Issue

MINETECH RESOURCES BERHAD

EX-date

05/11/2014
Entitlement date07/11/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 332,689,500 NEW ORDINARY SHARES OF RM0.15 EACH IN MINETECH RESOURCES BERHAD (“MRB”) (“MRB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 332,689,500 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING MRB SHARE HELD AS AT 5.00 P.M. ON 7 NOVEMBER 2014 (“ENTITLEMENT DATE”) (“RIGHTS ISSUE OF SHARES WITH WARRANTS”)
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 noBoardroom Corporate Services (KL) Sdn Bhd
Lot 6.05, Level 6, KPMG Tower
8 First Avenue, Bandar Utama
47800 Petaling Jaya
Selangor Darul Ehsan
Tel. no.: 03-7720 1188
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers07/11/2014 
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)332689500 
Entitlement indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price 0.15

Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of MRB who have a registered address in Malaysia and whose name appears in MRB’s Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders with registered address outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of MRB, Boardroom Corporate Services (KL) Sdn Bhd, with a registered address in Malaysia in writing 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 countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

This announcement is dated 24 October 2014.


Announcement Info

Company NameMINETECH RESOURCES BERHAD  
Stock Name MINETEC    
Date Announced24 Oct 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-141024-55640


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