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Entitlement subjectImportant Relevant Dates for Renounceable Rights
DescriptionRENOUNCEABLE 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 Date01 Oct 2021
Date for commencement of trading of rights30 Sep 2021
Date for cessation of trading of rights07 Oct 2021
Date for announcement of final subscription result and basis of allotment of excess Rights Securities21 Oct 2021
Last date and time for :
Sale of provisional allotment of rights06 Oct 2021 05:00 PM
Transfer of provisional allotment of rights08 Oct 2021 04:30 PM
Acceptance and Payment14 Oct 2021 05:00 PM
Excess share application and payment14 Oct 2021 05:00 PM
Available/Listing Date27 Oct 2021
Rights Securities will be listed and quoted as the existing securities of the same classYes
Other important dates as the listed issuer may deem appropriate
Entitlement Details
Company NameMALAYSIA STEEL WORKS (KL) BHD
EntitlementOrdinary Shares
Ratio (New : Existing)1.0000 : 2.0000
Rights Issue / Offer PriceMalaysian Ringgit (MYR) 0.3950
Fractional Entitlement
Registrar or Service Provider name, address, telephone noSECURITIES 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.
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