SANICHI - NOTICE OF RIGHTS ENTITLEMENT
SANICHI TECHNOLOGY BERHAD |
LISTING'S CIRCULAR NO. L/Q : 71296 OF 2014
Renounceable rights issue of up to 644,891,820 new ordinary shares of RM0.10 each in Sanichi Technology Berhad (STB) (STB Share(s)) (Rights Shares) together with up to 429,927,880 free detachable warrants (Warrants C) at an issue price of RM0.10 per Rights Share on the basis of three (3) Rights Shares together with two (2) Warrants C for every two (2) existing STB Shares held at 5.00 p.m. on 29 August 2014, based on a minimum subscription level of 90,000,000 Rights Shares together with 60,000,000 Warrants C .
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 27 August 2014 ]
2) The last date of lodgement : [ 29 August 2014 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 3/5 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 3/5 ] of the Transacted Price is applicable.
Announcement Info
Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
Stock Name | SANICHI |
Date Announced | 20 Aug 2014 |
Category | Listing Circular |
Reference No | RN-140819-34530 |