| EX-date | 28/05/2014 |
| Entitlement date | 30/05/2014 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 244,413,960 NEW ORDINARY SHARES OF RM0.50 EACH (AFTER THE SHARE SPLIT) IN EKOVEST BERHAD (“EKOVEST”) (“EKOVEST SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 122,206,980 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY FIVE (5) EXISTING EKOVEST SHARES HELD AT 5.00 P.M. ON 30 MAY 2014 (“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 | Sectrars Services Sdn Bhd, No. 28-1, Jalan Tun Sambanthan 3, Brickfields, 50470 Kuala Lumpur Tel : 03 2274 6133 Fax: 03 2274 1016 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 30/05/2014 |
| 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 : 5 |
| Rights Issues/Offer Price | 1 |
| Remarks : |
| 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 Ekovest’s Record of Depositors as at 5.00 p.m. on 30 May 2014 ("Entitled Shareholders") at their registered address in Malaysia or those who have provided the share registrar, Sectrars Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 30 May 2014. The Documents are not intended to be (and will not be) made to comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) lodged, registered or approved under any applicable securities or equivalent legislation (or with or by any regulatory authority or other relevant body) of any country or jurisdiction other than Malaysia. The Documents are not intended to be (and will not be) issued, circulated or distributed and the Rights Issue With Warrants will not be made or offered or deemed made or offered in any country or jurisdiction other than Malaysia or to persons who are or may be subject to the laws of any country or jurisdiction other than the laws of 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. The Documents are not intended to be (and will not be) sent to shareholders who have not provided an address in Malaysia for the service of the Documents (“Foreign Addressed Shareholders”). However, Foreign Addressed Shareholders may collect the Documents from the share registrar at Sectrars Services Sdn Bhd, No. 28-1, Jalan Tun Sambanthan 3, Brickfields, 50470 Kuala Lumpur, Malaysia who will be entitled to request such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the Documents. 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 30 May 2014. In addition, on behalf of the Board of Ekovest, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Ekovest has entered into an underwriting agreement with AmInvestment Bank for the Rights Issue With Warrants. This announcement is dated 16 May 2014. |
| Company Name | EKOVEST BERHAD |
| Stock Name | EKOVEST |
| Date Announced | 16 May 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MB-140516-51706 |
Back