Entitlement(Notice of Book Closure)
12/04/2021Adjustment
| SKPRES-C4: CW SKP RESOURCES BHD (MACQ) |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 30 JUNE 2021 OVER ORDINARY SHARES OF SKP RESOURCES BHD ("SKPRES") ("SKPRES-C4") PURSUANT TO THE (i) BONUS ISSUE OF UP TO 312,547,137 NEW ORDINARY SHARES IN SKPRES ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD IN SKPRES, AND (ii) ISSUANCE OF UP TO 250,037,709 FREE WARRANTS IN SKPRES ("WARRANTS B") ON THE BASIS OF ONE (1) WARRANT B FOR EVERY FIVE (5) EXISTING ORDINARY SHARES HELD IN SKPRES AS AT 5.00 P.M. ON 22 APRIL 2021 |
| EX-date | 21 Apr 2021 |
| Entitlement date | 22 Apr 2021 |
| Entitlement time | 5:00 PM |
| Financial Year End | |
| Period of interest payment | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 22 Apr 2021 |
| 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) |
|
| Entitlement indicator | Ratio |
| Ratio | 0.0000 : 0.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD 10th floor, Menara Hap Seng No. 1 & 3, Jalan P. Ramlee 50250 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320598840 Fax:0320321889 |
| Remarks : |
Please refer to Macquarie Capital Securities (Malaysia) Sdn. Bhd.'s announcement dated 2 February 2021 for further information on the adjustments. Any adjustments to be made pursuant to the Proposed Free Warrants shall be dependent on the price of the Shares immediately prior to the ex-date for the Proposed Free Warrants. The above adjustments will take effect from 9.00 am on 21 April 2021, being the first day of dealings in the Shares on an ex-entitlement basis. We will make an announcement on the final adjustments to SKPRES-C4 on the last market day on which the Shares are traded on a cum-entitlement basis. This announcement is dated 12 April 2021. |
Announcement Info
| Company Name | SKPRES-C4: CW SKP RESOURCES BHD (MACQ) |
| Stock Name | SKPRES-C4 |
| Date Announced | 12 Apr 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-12042021-00008 |