SPSETIA
Rights Issue
| S P SETIA BERHAD |
| EX-date | 28 Nov 2017 |
| Entitlement date | 30 Nov 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of new class B Islamic redeemable convertible preference shares in S P Setia Berhad ("S P Setia") ("RCPS-i B") on the basis of 2 RCPS-i B for every 5 existing ordinary shares in S P Setia held as at 5.00 p.m. on 30 November 2017 at an issue price of RM0.88 per RCPS-i B ("Rights Issue of RCPS-i B") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2017 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| 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 Tel: 03-2783 9299 Fax: 03-2783 9222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 30 Nov 2017 |
| 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 | 2 : 5 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.880 |
| Par Value (if applicable) | |
| Remarks : |
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights Issue of RCPS-i B (collectively, the "Documents") will only be despatched to the shareholders of S P Setia who have a registered address in Malaysia and whose names appear in the Records of Depositors at 5.00 p.m. on 30 November 2017 ("Entitled Shareholders"). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Tricor Investor & Issuing House Services Sdn Bhd, being the Registrar for the Rights Issue of RCPS-i B, to effect the change of address by 30 November 2017.
The Documents are not intended to be (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 of RCPS-i B or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia.
Non-resident shareholders are to note the conditions imposed by Bank Negara Malaysia which, among others, require non-resident shareholders who intend to undertake foreign currency hedging to only enter into foreign currency hedging contracts with licensed domestic banks (i.e. commercial banks, licensed investment banks or Islamic banks other than international Islamic banks).
This announcement is dated 16 November 2017. |
Announcement Info
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 16 Nov 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-16112017-00007 |