Rights Issue


EX-date 18 May 2016
Entitlement date 20 May 2016
Entitlement time 05:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to 62,531,620 new ordinary shares of RM0.50 each in Prolexus Berhad ("Rights Shares") at an issue price of RM1.00 per Rights Share together with up to 62,531,620 free detachable warrants ("Warrants") on the basis of one (1) Rights Share together with one (1) Warrant for every two (2) existing ordinary shares of RM0.50 each held as at 5.00 p.m. on 20 May 2016
Period of interest payment   to  
Financial Year End 31 Jul 2016
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 BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Tel: 0377843922 Fax: 0377841988
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 20 May 2016
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 1 : 2
Rights Issue/Offer Price Malaysian Ringgit (MYR) 1.000
Par Value Malaysian Ringgit (MYR) 0.500

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 20 May 2016 ("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 Prolexus Berhad to effect the change of address. Such notification should be done by 5.00 p.m. on 20 May 2016.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.

This announcement is dated 6 May 2016.

Announcement Info

Stock Name PRLEXUS
Date Announced 06 May 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-06052016-00003

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