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Entitlement subject | Important Relevant Dates for Renounceable Rights |
Description | RENOUNCEABLE RIGHTS ISSUE OF 226,369,915 NEW ORDINARY SHARES IN MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”) (“RIGHTS SHARES”) TOGETHER WITH 226,369,915 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES HELD IN MASTEEL TOGETHER WITH 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AT 5.00 P.M. ON 29 SEPTEMBER 2021 AT AN ISSUE PRICE OF RM0.395 PER RIGHTS SHARE ON A FULL SUBSCRIPTION BASIS (“RIGHTS ISSUE WITH WARRANTS”) |
Despatch Date | 01 Oct 2021 |
Date for commencement of trading of rights | 30 Sep 2021 |
Date for cessation of trading of rights | 07 Oct 2021 |
Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 21 Oct 2021 |
Last date and time for : | |
Sale of provisional allotment of rights | 06 Oct 2021 05:00 PM |
Transfer of provisional allotment of rights | 08 Oct 2021 04:30 PM |
Acceptance and Payment | 14 Oct 2021 05:00 PM |
Excess share application and payment | 14 Oct 2021 05:00 PM |
Available/Listing Date | 27 Oct 2021 |
Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
Other important dates as the listed issuer may deem appropriate | |
Entitlement Details | |
Company Name | MALAYSIA STEEL WORKS (KL) BHD |
Entitlement | Ordinary Shares |
Ratio (New : Existing) | 1.0000 : 2.0000 |
Rights Issue / Offer Price | Malaysian Ringgit (MYR) 0.3950 |
Fractional Entitlement |
Registrar or Service Provider name, address, telephone no | SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
Remarks : |
The last date and time for acceptance, excess application and payment is 14 October 2021 at 5:00 p.m.. This announcement is dated 13 September 2021. |