HWATAI
Rights Issue
| HWA TAI INDUSTRIES BERHAD |
|
EX-date | 12/03/2015 |
| Entitlement date | 16/03/2015 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 60,063,600 new ordinary shares of RM0.40 each in Hwa Tai Industries Berhad (“Hwa Tai”) (“Hwa Tai Share(s)”) (“Rights Share(s)”) at an issue price of RM0.40 per Rights Share on the basis of three (3) Rights Shares for every two (2) existing Hwa Tai Shares held at 5.00 p.m. on 16 march 2015, based on a minimum subscription level of 30,031,800 Rights Shares ("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 no | Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel: 603-2264 3883 Fax: 603-2282 1886 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 16/03/2015 |
| 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 indicator | Ratio |
| Ratio | 3 : 2 |
| Rights Issues/Offer Price | 0.4 |
| Remarks : |
| The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the “Documents”) in relation to the Rights Issue will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 16 March 2015 (“Entitled Shareholders”). The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of Hwa Tai to effect the change of address. Such notification should be done by 5.00 p.m. on 16 March 2015. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date. This announcement is dated 2 March 2015. |
Announcement Info
| Company Name | HWA TAI INDUSTRIES BERHAD |
| Stock Name | HWATAI |
| Date Announced | 2 Mar 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-150302-38874 |