Renounceable rights issue of up to 13,368.6 million new ordinary shares of RM0.10 each in MAS (“RIGHT SHARE(S)”) on the basis of four (4) Rights Shares for every one (1) existing ordinary share of RM0.10 each in MAS held by MAS' shareholders whose names appear on MAS’ Record of Depositors as at 5.00 p.m. on 6 May 2013 at an issue price of RM0.23 per Rights Share.
About MALAYSIAN AIRLINE SYSTEM BHD
Malaysian Airline System Berhad is engaged in the business of air transportation and the provision of related services. It operates in two segments: airline operations, which is engaged in the operation of aircraft for passenger, and cargo services, which is engaged in the operation of aircraft for cargo and mail services. Its other business segment includes catering, engineering, computerized reservation services, trucking and warehousing services, retailing of goods, terminal charges, and tour and travel related activities.
How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.
On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:
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