RightIssue

[FOCUS] Rights Issue on 03-Nov-2020

Announcement Date: 20-Oct-2020
Related Stock:
FOCUS
FOCUS DYNAMICS GROUP BERHAD
Share Registrar:
FOCUS
FOCUS DYNAMICS GROUP BERHAD
Amount

2.0000 : 6.0000

  • Ex Date
    03-Nov-2020
  • Entitlement Date
    04-Nov-2020
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,044,266,157 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN FOCUS DYNAMICS GROUP BERHAD (''FOCUS'' OR THE ''COMPANY'') (''ICPS'') AT AN ISSUE PRICE OF RM0.055 PER ICPS TOGETHER WITH UP TO 3,066,399,235 FREE DETACHABLE WARRANTS IN FOCUS (''WARRANTS D'') ON THE BASIS OF 2 ICPS TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 6 EXISTING ORDINARY SHARES IN FOCUS HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 4 NOVEMBER 2020

About FOCUS DYNAMICS GROUP BERHAD
Focus Dynamics Group Bhd is an investment holding company. The business activity of the group is operated through three segments namely Food and beverage, Manufacturing and Engineering services of which it derives the majority of revenue from Food and beverage segment which is engaged in operation and management of food and beverage outlets. In addition, the firm also manufactures speed drives and instruments for control of industrial machines and processes and provides engineering services for energy efficiency systems. Geographically all the activities are functioned from the regions of Malaysia.

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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aspirine

gonna rocket at september, got big project

2021-08-23 10:39

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