Rights Issue
| INARI BERHAD |
|
Admission Sponsor | M&A Securities Sdn Bhd |
| Sponsor | Same as above |
| EX-date | 09/05/2013 |
| Entitlement date | 13/05/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | INARI BERHAD (“INARI” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF 84,152,175 NEW ORDINARY SHARES OF RM0.10 EACH IN INARI (“RIGHTS SHARES”) TOGETHER WITH 168,304,350 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.10 EACH IN INARI TOGETHER WITH TWO (2) WARRANTS FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED IN INARI AT 5.00 P.M. ON 13 MAY 2013 AT AN ISSUE PRICE OF RM0.36 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 | Megapolitan Management Services Sdn Bhd No. 45-5, The Boulevard Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur 03-22848311 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 13/05/2013 |
| 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) | 84152175 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 4 |
| Rights Issues/Offer Price | 0.36 |
| Remarks : |
| Shareholders' approval for the Rights Issue with Warrants was obtained on 29 March 2013. The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue with Warrants will be despatched on 15 May 2013 to the entitled shareholders of Inari whose names appear on the Record of Depositors of Inari on 13 May 2013. The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of Inari: (i) who do not have a registered address in Malaysia in the Record of Depositors; or (ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 13 May 2013, being the entitlement date for the Rights Issue with Warrants. This announcement is dated 25 April 2013. |
Announcement Info
| Company Name | INARI BERHAD (ACE Market) |
| Stock Name | INARI |
| Date Announced | 25 Apr 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OS-130402-59427 |