Rights Issue
| PANTECH GROUP HOLDINGS BERHAD |
|
EX-date | 24/11/2010 |
| Entitlement date | 26/11/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to RM77,213,675 nominal value of 7-year 7% irredeemable convertible unsecured loan stocks (“ICULS”) at 100% of its nominal value on the basis of two (2) RM0.10 nominal value of ICULS for every one (1) existing ordinary share of RM0.20 each held in Pantech Group Holdings Berhad ("Pantech") as at 5.00 P.M. on 26 November 2010 together with up to 77,213,675 free detachable warrants (“Warrants”) on the basis of one (1) Warrant for every ten (10) ICULS subscribed for. |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Mega Corporate Services Sdn Bhd Level 15-2, Faber Imperial Court Jalan Sultan Ismail 50250 Kuala Lumpur Tel: 03-2692 4271 Fax: 03-2732 5388 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 26/11/2010 |
| 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 | 2 : 1 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| (Unless otherwise defined, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the earlier announcements in relation to the Rights Issue.) The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form will be despatched to the entitled shareholder of Pantech not later than two (2) market days from the entitlement date. This announcement is dated 11 November 2010. |
Announcement Info
| Company Name | PANTECH GROUP HOLDINGS BERHAD |
| Stock Name | PANTECH |
| Date Announced | 11 Nov 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MB-101104-69149 |