Highlights

[VC] Rights Issue on 29-Mar-2019


Stock [VC]: VORTEX CONSOLIDATED BERHAD
Announcement Date 29-Mar-2019

Financial Year 31-Mar-2019
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 60,988,584 NEW ORDINARY SHARES IN VORTEX CONSOLIDATED BERHAD (FORMERLY KNOWN AS SKH CONSORTIUM BERHAD) ("VORTEX" OR THE "COMPANY") ("VORTEX SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 EXISTING SHARES HELD AS AT 5.00 P.M. ON 12 APRIL 2019 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 60,988,584 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS")
Amount 1 : 5
Ex Date 10-Apr-2019
Entitlement Date 12-Apr-2019
Payment Date


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