Rights Issue
BackAug 24, 2015
| EX-date | 07 Sep 2015 |
| Entitlement date | 09 Sep 2015 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description |
Renounceable rights issue of up to 106,666,666 new ordinary shares of RM0.25 each in BHS Industries Berhad ("BHS") ("BHS Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every three (3) existing BHS Shares held at 5.00 p.m. on 9 September 2015, together with up to 213,333,332 free detachable warrants ("Warrant(s)") on the basis of two (2) Warrants for every one (1) Rights Share subscribed, at an issue price of RM0.42 per Rights Share payable in full upon acceptance |
| Period of interest payment | to |
| Financial Year End | 30 Jun 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 |
TRICOR INVESTOR SERVICES SDN BHD Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel:0322643883 Fax:0322821886 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 09 Sep 2015 |
| 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 : 3 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.420 |
| Par Value | Malaysian Ringgit (MYR) 0.250 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of BHS whose names appear on the Record of Depositors at 5.00 p.m. on 9 September 2015 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 9 September 2015.
The Abridged Prospectus, together with the NPA and RSF, will not be despatched to the foreign Entitled Shareholders who have not provided an address in Malaysia. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 9 September 2015.
The aforementioned documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.
This announcement is dated 24 August 2015.
|
Announcement Info
| Company Name | BHS INDUSTRIES BERHAD |
| Stock Name | BHS |
| Date Announced | 24 Aug 2015 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-23082015-00001 |