Rights Issue
| FORMIS RESOURCES BERHAD |
|
EX-date | 29/04/2013 |
| Entitlement date | 02/05/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 278,850,298 NEW ORDINARY SHARES OF RM0.50 EACH IN FORMIS RESOURCES BERHAD (“FORMIS SHARES”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 139,425,149 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING FORMIS SHARES HELD AT 5.00 P.M. ON 2 MAY 2013, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 125,000,000 RIGHTS SHARES TOGETHER WITH 62,500,000 FREE WARRANTS ("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 | Bina Management (M) Sdn Bhd (50164-V) Lot 10, The Highway Centre Jalan 51/205, 46050 Petaling Jaya Selangor Darul Ehsan Tel : +603 7784 3922 Fax : +603 7784 1988 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 02/05/2013 |
| 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) | |
| Entitlement indicator | Ratio |
| Ratio | 2 : 2 |
| Rights Issues/Offer Price | 0.5 |
| Remarks : |
| The final number of Rights Shares and Warrants to be issued will depend on the issued and paid-up share capital of Formis on 2 May 2013. The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, the "Documents"), are only to be despatched to shareholders whose names appear in Formis' Record of Depositors as at 5.00 p.m. on 2 May 2013 ("Entitled Shareholders") at their registered address in Malaysia or who have provided the share registrar, Bina Management (M) Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 2 May 2013. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue With Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia. Holders of Formis’ outstanding warrants 2011/2016 (“Outstanding Warrants”) should refer to the Notice of Books Closure for the Outstanding Warrants announced separately on even date. Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar to effect the change of address by 5.00 p.m. on 2 May 2013. This announcement is dated 17 April 2013. |
Announcement Info
| Company Name | FORMIS RESOURCES BERHAD |
| Stock Name | FRB |
| Date Announced | 17 Apr 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MB-130410-75923 |