RightIssue

[PASUKGB] Rights Issue on 18-Jun-2021

Announcement Date: 04-Jun-2021
Related Stock:
PASUKGB
PASUKHAS GROUP BERHAD
Share Registrar:
PASUKGB
PASUKHAS GROUP BERHAD
Amount

6.0000 : 1.0000

  • Ex Date
    18-Jun-2021
  • Entitlement Date
    21-Jun-2021
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021 ("RIGHTS ISSUE WITH WARRANTS")

About PASUKHAS GROUP BERHAD
Pasukhas Group Bhd is a Malaysian company which is engaged in the business of investment holding and the provision of management services. The operating segments of the company are M&E Engineering Services segment involved in the provision of water treatment and sewerage industry, palm oil, sugar mills, refineries and other factories; Manufacturing of LV Switchboards segment is involved in sub-distribution for the generation, transmission, distribution and conversion of electric energy and for the control of equipment that consumes electric energy; Trading segment involved in trading of a variety of goods without any particular specialization; and Property Development segment is involved in civil engineering and construction. All of the company's revenue is earned from 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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dem777

con counter, same like the other 20+ counters in same office. remember?

2021-06-08 22:39

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