Rights Issue
| IFCA MSC BERHAD |
|
EX-date | 10/01/2011 |
| Entitlement date | 12/01/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of 143,351,000 new ordinary shares of RM0.10 each in IFCA ("IFCA") ("Rights Shares") together with 143,351,000 free detachable warrants ("Warrants") on the basis of one (1) Rights Share and one (1) Warrant for every two (2) existing ordinary shares of RM0.10 each held in IFCA at 5.00 p.m. on 12 January 2011 at an issue price of RM0.10 per Rights Share payable in full upon acceptance ("Rights Issue with Warrants") |
| 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 | Insurban Corporate Services Sdn Bhd 149, Jalan Aminuddin Baki Taman Tun Dr. Ismail 60000 Kuala Lumpur Tel: (603) 7729 5529 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 12/01/2011 |
| 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 : 2 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The renouncable entitlements to the Rights Shares with Warrants must be subscribed by the entitled shareholders whose names appear in the Record of Depositors of IFCA at 5.00 p.m. on 12 January 2011 ("Entitled Shareholders") in full or in part (subject to the subscription of the Rights Shares with free detachable Warrants in an equal proportion), as a package and not to be subscribed separately or disproportionately. Entitled Shareholders who renounce all or any part of their entitlements to the Rights Shares provisionally allotted to them under the Rights Issue with Warrants will simultaneously relinquish their corresponding entitlements to the Rights Shares including their corresponding entitlements to the Warrants. The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form will be sent to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 29 December 2010. |
Announcement Info
| Company Name | IFCA MSC BERHAD (ACE Market) |
| Stock Name | IFCAMSC |
| Date Announced | 29 Dec 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OI-101229-61649 |