Rights Issue
| SANICHI TECHNOLOGY BERHAD |
|
EX-date | 15/02/2013 |
| Entitlement date | 19/02/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 120,970,000 new ordinary shares of RM0.10 each in Sanichi Technology Berhad (“STB”) (“Rights Shares”) together with up to 60,485,000 free warrants (“Warrant(s) B”) at an issue price of RM0.10 per Rights Share on the basis of two (2) Rights Shares together with one (1) free Warrant B for every two (2) existing ordinary shares of RM0.10 each held at 5.00 p.m. on 19 February 2013, based on a minimum subscription level of 65,000,000 Rights Shares together with 32,500,000 free Warrants B (“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 | ShareWorks Sdn Bhd 10-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel: 603 – 6201 1120 Fax: 603 – 6201 3121 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 19/02/2013 |
| 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 : 1 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the “Documents”) in relation to the Rights Issue with Warrants will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 19 February 2013 (“Entitled Shareholders”). The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of STB to effect the change of address. Such notification should be done by 5.00 p.m. on 19 February 2013. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date. This announcement is dated 31 January 2013. |
Announcement Info
| Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | SANICHI |
| Date Announced | 31 Jan 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-130131-40882 |