EG
Rights Issue
EG INDUSTRIES BERHAD |
EX-date | 18 Sep 2017 |
Entitlement date | 20 Sep 2017 |
Entitlement time | 05:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | (I) RENOUNCABLE RIGHTS ISSUE OF UP TO 67,296,172 REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") ON THE BASIS OF 1 RCPS FOR EVERY 4 EXISTING ORDINARY SHARES HELD IN EG INDUSTRIES BERHAD ("EGIB") AT 5.00 P.M. AT 20 SEPTEMBER 2017 ("RIGHTS ISSUE"); AND (II) BONUS ISSUE OF UP TO 67,296,172 NEW EGIB SHARES ("BONUS SHARE(S)") TO BE CREDITED ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 RCPS SUBSCRIBED BY THE ENTITLED SHAREHOLDERS PURSUANT TO THE RIGHTS ISSUE ("BONUS ISSUE") |
Period of interest payment | to |
Financial Year End | 30 Jun 2018 |
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 | AGRITEUM SHARE REGISTRATION SERVICES SDN BHD 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Tel:042282321 Fax:042272391 |
Payment date | 06 Oct 2017 |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 20 Sep 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) | 67,296,172 |
Entitlement indicator | Ratio |
Ratio | 1 : 4 |
Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.950 |
Par Value (if applicable) |
Remarks : |
The RCPS and Bonus Shares shall be provisionally allotted to the shareholders of EGIB whose names appear in its Record of Depositors on the Entitlement Date ("Entitled Shareholders"), subject to the terms and conditions as set out in the abridged prospectus, notice of provisional allotment and rights subscription form to be issued for the Rights Issue and Bonus Issue (collectively, the "Documents"). 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 the Rights Issue and Bonus Issue 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. For avoidance of doubt, the Bonus Shares will only be issued to the Entitled Shareholders and/or their renouncee(s) who subscribe for the RCPS pursuant to the Rights Issue. Accordingly, the Entitled Shareholders who renounce their entitlements to the RCPS provisionally allotted to them under the Rights Issue will also renounce their entitlements to the Bonus Shares. This announcement is dated 30 August 2017. |
Announcement Info
Company Name | EG INDUSTRIES BERHAD |
Stock Name | EG |
Date Announced | 30 Aug 2017 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-29082017-00004 |