Rights Issue
| PALETTE MULTIMEDIA BERHAD |
|
EX-date | 25/02/2013 |
| Entitlement date | 27/02/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 153,588,250 WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM0.02 PER WARRANT ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN PALETTE HELD AT 5.00 P.M. ON 27 FEBRUARY 2013 ("ENTITLEMENT DATE")("RIGHTS ISSUE OF 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 | Tricor Investor Services Sdn. Bhd. Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel: 603-2264 3883 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 27/02/2013 |
| 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) | 153588250 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | 0.02 |
| Remarks : |
| The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) relating to the Rights Issue of Warrants will only be despatched to the shareholders of Palette who have a registered address in Malaysia and whose name appears in Palette’s Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders who have not provided the share registrar of Palette, Tricor Investor Services Sdn. Bhd., a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 5.00 p.m. on the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 13 February 2013. |
Announcement Info
| Company Name | PALETTE MULTIMEDIA BERHAD (ACE Market) |
| Stock Name | PALETTE |
| Date Announced | 13 Feb 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OS-130122-36140 |