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REX

Rights Issue

REX INDUSTRY BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
Renounceable rights issue of up to 246,626,468 new ordinary shares in Rex Industry Berhad ("Rex" or the "Company") ("Rex Share(s)" or "Share(s)") ("Rights Share(s)") at the issue price of RM0.10 per Rights Share, on the basis of 1 Rights Share for every 1 existing Rex Share held as at 5.00 p.m. on Monday, 16 November 2020 ("Rights Issue")
Ex-Date 13 Nov 2020
Entitlement date 16 Nov 2020
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 16 Nov 2020
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) 0.1000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
REX INDUSTRY BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 16 Nov 2020
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara

Damansara Heights

50490 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0320849000
Fax:0320949940


Remarks :
The abridged prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form relating to the Rights Issue (collectively referred to as the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's record of depositors as at 5.00 p.m. on Monday, 16 November 2020 ("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 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 2 November 2020.


Announcement Info

Company Name REX INDUSTRY BERHAD
Stock Name REX
Date Announced 02 Nov 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-02112020-00001
Corporate Action ID MY201102RHDI0001


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