SAM

Rights Issue

SAM ENGINEERING & EQUIPMENT (M) BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF 135,397,357 NEW ORDINARY SHARES IN SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAMEE" OR "COMPANY") ("SAMEE SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM3.60 PER RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING SAMEE SHARES HELD AS AT 5.00 P.M. ON TUESDAY, 23 JANUARY 2024
Ex-Date 22 Jan 2024
Entitlement date 23 Jan 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 23 Jan 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)
135,397,357
Rights Issue/Offer Price Malaysian Ringgit (MYR) 3.6000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
SAM ENGINEERING & EQUIPMENT (M) BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 4.0000
Rights Crediting Date 23 Jan 2024
Fractional Entitlement Round Down / Fraction Disregard
Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD (PENANG)
Suite 18.05, MWE Plaza
No. 8 Lebuh Farquhar

10200 George Town

Pulau Pinang

Malaysia

Tel:042631966
Fax:042628544


Remarks :
The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights Issue (collectively, the "Documents") will only be despatched to the shareholders of the Company who have a registered address in Malaysia and whose names appear in the Record of Depositors of the Company at 5.00 p.m. on 23 January 2024 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the Share Registrar with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.

Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Securities Services (Holdings) Sdn Bhd to effect the change of address by the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated, distributed in any countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue and the Documents comply with the law of any countries or jurisdictions other than the laws of Malaysia. 

This announcement is dated 9 January 2024.


Announcement Info

Company Name SAM ENGINEERING & EQUIPMENT (M) BERHAD
Stock Name SAM
Date Announced 09 Jan 2024
Category Entitlement(Notice of Book Closure)
Reference Number ENT-09012024-00001
Corporate Action ID MY240109RHDI0001


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