RENOUNCEABLE RIGHTS ISSUE OF UP TO 5,990,975,598 ORDINARY SHARES IN PEGASUS HEIGHTS BERHAD ("PEGASUS") ("PEGASUS SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 3,993,983,732 FREE DETACHABLE WARRANTS ("WARRANTS") AT AN ISSUE PRICE OF RM0.01 PER RIGHTS SHARE ON THE BASIS OF 3 RIGHTS SHARES AND 2 WARRANTS FOR EVERY 1 EXISTING PEGASUS SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 24 MAY 2019 ("RIGHTS ISSUE")
About PEGASUS HEIGHTS BERHAD
Pegasus Heights Bhd, formerly Naim Indah Corp Bhd, is engaged in the business of investment holding and provision of management services in Malaysia. The company segments include Investment property holding which is involved in leasing out commercial properties. The Project management segment consists of project management consultancy for property development. The Investment holding and other segment are mainly involved in the company's corporate services. The Property development segment is involved in the constructing and developing residential and commercial properties. The Trading segment is involved in the trading of steel bars. It is also engaged in the construction of residential, commercial building, shopping mall, college, hospital as well as roadworks projects.
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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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Antagantz
To hold or sell, Got rights issue coming next week.
2019-05-17 10:01