TAGHILL
Rights Issue
| SIAB HOLDINGS BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 766,524,307 NEW ORDINARY SHARES IN SIAB HOLDINGS BERHAD ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.1200 PER RIGHTS SHARE TOGETHER WITH 383,262,153 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 13 RIGHTS SHARES FOR EVERY 10 EXISTING ORDINARY SHARES IN SIAB HOLDINGS BERHAD HELD AS AT 5.00 P.M. ON THURSDAY, 23 MAY 2024 TOGETHER WITH 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE WITH WARRANTS") |
| Ex-Date | 21 May 2024 |
| Entitlement date | 23 May 2024 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 23 May 2024 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.1200 |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | SIAB HOLDINGS BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 13.0000 : 10.0000 |
| Rights Crediting Date | 23 May 2024 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
| Remarks : |
The Abridged Prospectus, together with the notice of provisional allotment and rights subscription forms pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the entitled shareholders whose names appear in Company's record of depositors and who have a registered address in Malaysia or who have provided the Company's share registrar, Tricor Investor & Issuing House Services Sdn Bhd ("Share Registrar"), with a registered address in Malaysia in writing ("Entitled Shareholder(s)") as at 5.00 p.m. on 23 May 2024.
The Documents are not intended to (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) 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 countries or jurisdictions other than the laws of Malaysia.
The Documents will not be sent to the foreign Entitled Shareholder(s) and/or their renouncee(s) and/or transferee(s) (if applicable) who do not have a registered address in Malaysia. However, such foreign Entitled Shareholder(s) and/or their renouncee(s) and/or transferee(s) (if applicable) may collect the Documents from the Company's Share Registrar, in which event the Company's Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the aforesaid documents.
This announcement is dated 7 May 2024. |
Announcement Info
| Company Name | SIAB HOLDINGS BERHAD |
| Stock Name | SIAB |
| Date Announced | 07 May 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-02052024-00008 |
| Corporate Action ID | MY240502RHDI0001 |