Highlights

[LOTUS] Rights Issue on 11-Oct-2019


Stock [LOTUS]: LOTUS KFM BERHAD
Announcement Date 11-Oct-2019

Financial Year
Subject Rights Issue
Type RightIssue
Description RENOUNCEABLE RIGHTS ISSUE OF 477,595,420 NEW ORDINARY SHARES IN LOTUS KFM BERHAD (FORMERLY KNOWN AS KUANTAN FLOUR MILLS BERHAD) ("KFM") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF FIVE (5) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN KFM HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 30 OCTOBER 2019 TOGETHER WITH 238,797,710 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Amount 5 : 1
Ex Date 29-Oct-2019
Entitlement Date 30-Oct-2019
Payment Date


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