BSLCORP
Rights Issue
| BSL CORPORATION BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,354,494,986 NEW ORDINARY SHARES IN BSL CORPORATION BERHAD ("BSLCORP" OR "COMPANY") ("BSLCORP SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.055 PER RIGHTS SHARE TOGETHER WITH UP TO 981,039,577 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 5 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 8 FEBRUARY 2023 ("RIGHTS ISSUE WITH WARRANTS") |
| Ex-Date | 07 Feb 2023 |
| Entitlement date | 08 Feb 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 | 08 Feb 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) 0.0550 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | BSL CORPORATION BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 12.0000 : 2.0000 |
| Rights Crediting Date | 08 Feb 2023 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (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 8 February 2023 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 8 February 2023.
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 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 8 February 2023.
Holders of Warrants A who wish to be entitled to the Rights Shares with Warrants B must exercise their Warrants A into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, ShareWorks Sdn Bhd, on or before 5.00 p.m. on 30 January 2023. This is to enable the new Shares arising from such exercise to be allotted to the respective holders of the Warrants A such that their names will appear on the Record of Depositors of the Company by 5.00 p.m. on 8 February 2023.
This announcement is dated 17 January 2023. |
Announcement Info
| Company Name | BSL CORPORATION BERHAD |
| Stock Name | BSLCORP |
| Date Announced | 17 Jan 2023 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-09012023-00001 |
| Corporate Action ID | MY230109RHDI0001 |