Important Relevant Dates for Renounceable Rights
| RCE CAPITAL BERHAD |
|
Title / Description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 478,496,024 NEW REDEEMABLE CONVERTIBLE NON-CUMULATIVE PREFERENCE SHARES OF RM0.10 EACH IN RCE CAPITAL BERHAD (“RCE”) (“RCPS”) AT AN ISSUE PRICE OF RM0.38 PER RCPS ON THE BASIS OF TWO (2) RCPS FOR EVERY FIVE (5) ORDINARY SHARES OF RM0.10 EACH IN RCE (“SHARES”) HELD AFTER THE BONUS ISSUE (AS DEFINED HEREIN) AS AT 5.00 P.M. ON 31 OCTOBER 2012 (“RIGHTS ISSUE”) | ||
| Despatch Date | 02/11/2012 | ||
| Date for commencement of trading of the rights | 01/11/2012 | ||
| Date for despatch of abridged prospectus and subscription forms | 02/11/2012 | ||
| Date for cessation of trading of the rights | 08/11/2012 | ||
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 26/11/2012 | ||
| Listing date of the Rights Securities | 30/11/2012 | ||
| Last date and time for | Date | Time | |
| Sale of provisional allotment of rights | 07/11/2012 | at | 05:00:00 PM |
| Transfer of provisional allotment of rights | 12/11/2012 | at | 04:00:00 PM |
| Acceptance and payment | 19/11/2012 | at | 05:00:00 PM |
| Excess share application and payment | 19/11/2012 | at | 05:00:00 PM |
| Rights Securities will be listed and quoted as the existing securities of the same class: | |||
| No | |||
| To specify the entitlement that the holders of the Rights Securities will not be entitled to (if No): | |||
There are no existing RCPS which are listed and quoted. The new Shares to be issued pursuant to the conversion of RCPS shall, upon allotment and issue, rank pari passu in all respects, with the Shares in issue at that time, except that the new Shares shall not be entitled to any dividend declared or to be declared in respect of any particular financial year ending before the relevant date on which the Company receives the conversion notice irrespective of the date when such dividend is declared, made or paid, nor shall they be entitled to any rights, allotments and/or any other distributions if the allotment date of the new Shares is after the entitlement date for such rights, allotments and/or other distributions. | |||
| Other important dates as the listed issuer may deem appropriate: | |||
| Remarks : |
| The final number of RCPS to be issued pursuant to the Rights Issue will depend on the issued and paid-up share capital of RCE on 31 October 2012 after the bonus issue of up to 398,746,687 new Shares (“Bonus Shares”) on the basis of one (1) Bonus Share for every two (2) Shares held as at 5.00 p.m. on 31 October 2012 (“Bonus Issue”). The entitled shareholders of the Bonus Issue shall be entitled to the Rights Issue. On even date, RCE has also announced that the book closure date for the Bonus Issue will be at 5.00 p.m. on 31 October 2012. The last date and time for acceptance, excess application and payment may be extended as the Directors of RCE and the Adviser may decide and announce not less than two (2) market days before the stipulated date and time. This announcement is dated 16 October 2012. |
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 16 Oct 2012 |
| Category | Important Relevant Dates for Renounceable Rights |
| Reference No | ML-121002-43717 |