Rights Issue


Entitlement subject Rights Issue
Type Renounceable
Entitlement description
Renounceable rights issue of up to 3,069,191,630 new Class C Islamic redeemable convertible preference shares in S P Setia Berhad ("S P Setia") ("RCPS-i C") at an issue price of RM0.38 per RCPS-i C on the basis of 67 RCPS-i C for every 100 existing ordinary shares in S P Setia held as at 5:00 p.m. on 2 November 2022 ("Rights Issue")
Ex-Date 01 Nov 2022
Entitlement date 02 Nov 2022
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 02 Nov 2022
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) 0.3800
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
Entitlement Preference Rights
Ratio (New:Existing) 67.0000  : 100.0000
Rights Crediting Date 02 Nov 2022
Fractional Entitlement Round Down / Fraction Disregard
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan



Remarks :
The Abridged Prospectus together with the notice of provisional allotment and the rights subscription form in relation to the Rights Issue (collectively, the "Documents") will be despatched to the shareholders of S P Setia whose names appear in the Record of Depositors of S P Setia as at 5:00 p.m. on 2 November 2022 ("Entitlement Date") at their registered address in Malaysia, or who have provided the Share Registrar with a registered address in Malaysia in writing no later than 5:00 p.m. on the Entitlement Date. 

The Documents are not intended to (and will not) be issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been (or will be) taken to ensure that either the Rights Issue or the Documents comply with the laws of any country or jurisdiction other than the laws of Malaysia. 

This Announcement is dated 18 October 2022.

Announcement Info

Stock Name SPSETIA
Date Announced 18 Oct 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-27092022-00004
Corporate Action ID MY220927RHDI0001

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