SPSETIA-PA
Adjustment
S P SETIA BERHAD |
Entitlement subject | Adjustment |
Entitlement description | Adjustment to the Conversion Ratio of the RCPS-i A (as defined herein) in accordance with Clause 12(k) of the Constitution of S P Setia Berhad ("S P Setia") as a result of the renounceable rights issue of up to 3,069,191,630 new Class C Islamic redeemable convertible preference shares in 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 ("Shares") held as at 5:00 p.m. on 2 November 2022 ("Rights Issue") ("Adjustment") |
EX-date | 01 Nov 2022 |
Entitlement date | 02 Nov 2022 |
Entitlement time | 5:00 PM |
Financial Year End | 31 Dec 2022 |
Period of interest payment | to |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
Payment date | |
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) |
|
Entitlement indicator | Ratio |
Ratio | 50.0000 : 169.0000 |
Rights Issue/Offer Price | |
Par Value (if applicable) |
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 Malaysia Tel:03-27839299 Fax:03-27839222 |
Remarks : |
S P Setia has announced that the entitlement date for the Rights Issue has been fixed at 5:00 p.m. on 2 November 2022 ("Entitlement Date"). Holders of the existing Islamic redeemable convertible preference shares in S P Setia issued on 2 December 2016 ("RCPS-i A") ("RCPS-i A Holders") who wish to be entitled to the Rights Issue should lodge their duly completed conversion forms with the Share Registrar on or before 5:00 p.m. on 19 October 2022. This is to enable the new Shares arising from such conversions be allotted to the respective RCPS-i A Holders such that their names will appear on the Record of Depositors of S P Setia by the Entitlement Date. Nevertheless, the RCPS-i A Holders whose names appear in the Record of Depositors of RCPS-i A on the Entitlement Date shall be entitled to the Adjustment. The Conversion Ratio after the Adjustment will be announced and the notice setting out the Adjustment will be despatched to the RCPS-i A Holders in due course. The effective date of the Adjustment is on Thursday, 3 November 2022, being the next market day following the Entitlement Date. This Announcement is dated 18 October 2022. |
Announcement Info
Company Name | S P SETIA BERHAD |
Stock Name | SPSETIA-PA |
Date Announced | 18 Oct 2022 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-27092022-00006 |