Rights Issue


Entitlement subject Rights Issue
Type Renounceable
Entitlement description
Renounceable rights issue of up to RM102,578,353 nominal value of 2,051,567,055 five (5)-year, 0.10%, irredeemable convertible unsecured loan stocks at 100.0% of its nominal value of RM0.05 each ("Rights ICULS") on the basis of five (5) Rights ICULS for every one (1) existing ordinary share of Techbase Industries Berhad (formerly known as Prolexus Berhad) held as at 5.00 p.m. on 4 March 2024 ("Rights Issue")
Ex-Date 01 Mar 2024
Entitlement date 04 Mar 2024
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 04 Mar 2024
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) 0.0500
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
Entitlement Loan Rights
Ratio (New:Existing) 5.0000  : 1.0000
Rights Crediting Date 04 Mar 2024
Fractional Entitlement
Registrar or Service Provider name, address, telephone no ALDPRO CORPORATE SERVICES SDN BHD
B-21-1, Level 21, Tower B
Northpoint Midvalley City

No. 1, Medan Syed Putra Utara

59200 Kuala Lumpur

Wilayah Persekutuan



Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment of Rights ICULS 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 4 March 2024 ("Entitled Shareholders"). The Documents will be despatched to the Entitled Shareholders on 6 March 2024.

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 wish to change their address to Malaysia should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 4 March 2024.

This announcement is dated 16 February 2024.

Announcement Info

Date Announced 16 Feb 2024
Category Entitlement(Notice of Book Closure)
Reference Number ENT-06022024-00003
Corporate Action ID MY240206RHDI0001

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