Important Relevant Dates for Renounceable Rights
29/06/2016Important Relevant Dates for Renounceable Rights
Amended Announcements
Please refer to the earlier announcement reference number: TOR-31052016-00001
O&C RESOURCES BERHAD |
Title/Description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 735,074,052 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.05 EACH IN O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR") ("ICPS") ON THE BASIS OF THREE (3) ICPS FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.25 EACH IN OCR ("OCR SHARE" OR "SHARE") HELD AS AT 5.00 P.M. ON 15 JUNE 2016 AT AN ISSUE PRICE OF RM0.05 PER ICPS, TOGETHER WITH UP TO 73,507,405 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) ICPS SUBSCRIBED FOR ("RIGHTS ISSUE OF ICPS WITH WARRANTS") |
Despatch date | 17 Jun 2016 |
Date for commencement of trading of rights | 16 Jun 2016 |
Date for cessation of trading of rights | 24 Jun 2016 |
Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 19 Jul 2016 |
Listing Date of the Rights Securities | 28 Jul 2016 |
Last date and time for | Date | Time | |
Sale of provisional allotment of rights | 23 Jun 2016 | at |
05:00:00 PM |
Transfer of provisional allotment of rights | 28 Jun 2016 | at |
04:00:00 PM |
Acceptance and payment | 15 Jul 2016 | at |
05:00:00 PM |
Excess share application and payment | 15 Jul 2016 | at |
05:00:00 PM |
Rights Securities will be listed and quoted as the existing securities of the same class | No |
To specify the entitlement that the holders of the Rights Securities will not be entitled to | All new OCR Shares to be issued arising from the conversion of the ICPS shall not be entitled to any dividends, rights, allotments and/or other distributions, the entitlement date of which is prior to the date of allotment and issuance of the new OCR Shares arising from the conversion of the ICPS. |
Other important dates as the listed issuer may deem appropriate |
Remarks : |
We refer to the announcement dated 1 June 2016 in relation to the Rights Issue of ICPS with Warrants. On behalf of the Board of Directors of OCR, TA Securities Holdings Berhad wishes to announce that the last date and time for acceptance and payment as well as excess application and payment will remain open until 5.00 p.m. on 15 July 2016. Consequently, the listing date for the ICPS and Warrants is revised to 28 July 2016. This announcement is dated 29 June 2016. |
Announcement Info
Company Name | O&C RESOURCES BERHAD |
Stock Name | OCR |
Date Announced | 29 Jun 2016 |
Category | Important Relevant Dates for Renounceable Rights |
Reference Number | TOR-28062016-00002 |
Related Announcements for OCR
Date | Title |
---|---|
01/06/2016 | Important Relevant Dates for Renounceable Rights |