News

Important Relevant Dates For Renounceable Rights

BackOct 15, 2020
Entitlement subject Important Relevant Dates for Renounceable Rights
Description

Renounceable rights issue of up to 176,843,866 new ordinary shares in Prestariang Berhad ("Prestariang" or the "Company") ("Prestariang Share(s)" or "Share(s)") ("Rights Share(s)") at an issue price of RM0.200 per Rights Share, on the basis of 1 Rights Share for every 3 existing Prestariang Shares held, together with up to 176,843,866 free detachable warrants ("Warrant(s)") on the basis of 1 Warrant for every 1 Rights Share subscribed for, as at 5.00 p.m. on Friday, 30 October 2020 ("Rights Issue with Warrants")
Despatch Date 03 Nov 2020
Date for commencement of trading of rights 02 Nov 2020
Date for cessation of trading of rights 09 Nov 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 23 Nov 2020
Last date and time for :
Sale of provisional allotment of rights 06 Nov 2020 05:00 PM
Transfer of provisional allotment of rights 10 Nov 2020 04:30 PM
Acceptance and Payment 16 Nov 2020 05:00 PM
Excess share application and payment 16 Nov 2020 05:00 PM
Available/Listing Date 30 Nov 2020
Rights Securities will be listed and quoted as the existing securities of the same class Yes
Other important dates as the listed issuer may deem appropriate
Entitlement Details
Company Name

PRESTARIANG BERHAD
Entitlement Ordinary Shares
Ratio (New : Existing) 1.0000 : 3.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.2000
Fractional Entitlement
Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)
Seksyen 13
46200 Petaling Jaya
Selangor
Malaysia
Tel:0378904700
Fax:0378904670


Remarks :

The last date and time for acceptance, excess application and payment for the Rights Shares with Warrants is 16 November 2020 at 5.00 p.m., as stated above.

This announcement is dated 15 October 2020.

Announcement Info

Company Name PRESTARIANG BERHAD
Stock Name PRESBHD
Date Announced 15 Oct 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-15102020-00004
Corporate Action ID MY201015EXRI0001