This printed article is located at http://dayang.listedcompany.com/news.html

News

Important Relevant Dates for Renounceable Rights

BackJan 24, 2011
Date Announced
:
24/01/2011  

 

Title / Description
:
DAYANG ENTERPRISE HOLDINGS BHD ("DAYANG" OR THE "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF 110,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN DAYANG ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN DAYANG AFTER THE BONUS ISSUE (AS DEFINED HEREIN) AS AT 5.00 P.M. ON 10 FEBRUARY 2011 AT AN ISSUE PRICE OF RM1.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE")
Despatch Date
:
14/02/2011
Date for commencement of trading of the rights
:
11/02/2011
Date for despatch of abridged prospectus and subscription forms
:
14/02/2011
Date for cessation of trading of  the rights
:
21/02/2011
Date for announcement of final subscription result and basis of allotment of excess Rights Securities
:
08/03/2011
Listing date of the Rights Securities
:
14/03/2011
Last date and time for Date Time
Sale of provisional allotment of rights
:
18/02/2011
at
05:00:00 PM
Transfer of provisional allotment of rights
:
23/02/2011
at
04:00:00 PM
Acceptance and payment
:
28/02/2011
at
05:00:00 PM
Excess share application and payment
:
28/02/2011
at
05:00:00 PM

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:
 

Remarks
The final number of Rights Shares to be issued pursuant to the Rights Issue will depend on the issued and paid-up share capital of Dayang on 10 February 2011 after the bonus issue involving 88,000,000 new ordinary shares of RM0.50 each in Dayang ("Bonus Share(s)") on the basis of one (1) Bonus Share for every four (4) existing ordinary shares of RM0.50 each ("Share(s)") held in Dayang as at 5.00 p.m. on 10 February 2011 ("Bonus Issue").

The entitled shareholders of the Bonus Issue shall be entitled to the Rights Issue.

On even date, Dayang has also announced that the book closure date for the Bonus Issue will be at 5.00 p.m. on 10 February 2011.

The last date of acceptance and payment as well as excess share application and payment is 28 February 2011 or any such later date and time as may be determined and announced by the Board of Directors of Dayang not less than two (2) market days prior to the stipulated closing date.

This announcement is dated 24 January 2011.

Please read our General Disclaimer & Warning carefully.
Use of this Website constitutes acceptance of the Terms of Website Use.
Copyright © 2020. MalaysiaPLC.com. All Rights Reserved.