| 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 |
|
|
:
|
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. |