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")
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Kindly be advised of the following :
1) The Right commence of trading : 2 Nov 2020
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 3 Nov 2020
3) The last day and time for Acceptance, Renunciation and Payment : 16 Nov 2020
4) The Rights cessation quotation : 9 Nov 2020
The Stock Short Name, Number and ISIN Code PRESBHD-OR, 5204OR and MYL5204OR005
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.
Company Name | PRESTARIANG BERHAD |
Stock Name | PRESBHD |
Date Announced | 16 Oct 2020 |
Category | Listing Circular |
Reference Number | ILC-16102020-00004 |