RightIssue

[MKH] Rights Issue on 28-Apr-2017

Announcement Date: 17-Apr-2017
Related Stock:
MKH
MKH BERHAD
Share Registrar:
MKH
MKH BERHAD
FY: 30-Sep-2016
Amount

1 : 10

  • Ex Date
    28-Apr-2017
  • Entitlement Date
    03-May-2017
Description
Renounceable rights issue of up to 45,402,742 new ordinary shares in the share capital of MKH Berhad ("MKH Shares" or "Shares") ("Rights Shares") at an issue price of RM1.89 per Rights Share on the basis of one (1) Rights Share for every ten (10) existing MKH Shares held as at 5:00 p.m. on 3 May 2017, together with a bonus issue of up to 90,805,484 new MKH Shares ("Bonus Shares") to be credited as fully paid-up on the basis of two (2) Bonus Shares for every one (1) Rights Share subscribed ("Rights with Bonus Issue")

About MKH BERHAD
MKH Bhd is engaged in property development, building and civil works contracting. The company is also engaged in hotel business, property investment and management, furniture manufacturing, and oil palm cultivation. The group?s principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; and Others. The company?s geographical presence is across Malaysia; The Peoples? Republic of China and Republic of Indonesia. It generates most of its geographical revenues through the Republic of Indonesia.

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:

Market Buzz

2024-11-03

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1 New Comment

2024-11-01

Insider

MKH BERHAD buyback 67,000 shares from 1.190 to 1.190 on 01-Nov-2024.

Discussions
Be the first to like this. Showing 6 of 6 comments

pjseow

will MKH result be were out today ? Hope the result will be good since the average CPO price for Jan,Feb and March 17 were higher than the average for last 3 months of 2016 .

2017-05-26 18:14

Jester

Hi I3 experts, can you please explain to me how this right issue works. Supposed that I have 1500 shares of MKH. Thanks a lot.

2017-05-31 14:05

Jester

Hi I3 experts, can you please explain to me how this right issue works. Supposed that I have 1500 shares of MKH. Thanks a lot.

2017-07-10 09:39

smartly

already over. still talking about it ?

2017-07-10 09:46

Jester

@smartly, I just want to know how it works. Thanks

2017-07-24 14:47

leslieroycarter

If u got 10,000 MKH
U r given 1000 Rt subscribed at 1.89
U r given 2000 MKH bonus issue rank parri passu same as mother share

2018-01-05 20:20

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