Renounceable rights issue of 79,987,474 new irredeemable convertible preference shares in PGF Capital Berhad (formerly known Poly Glass Fibre (M) Berhad) ("PGF") ("ICPS") on the basis of 1 ICPS for every 2 existing ordinary shares in PGF ("PGF Share(s)" or "Share(s)") held as at 5.00 p.m. on 8 February 2022 ("Rights Issue")
About PGF CAPITAL BERHAD
PGF Capital Berhad, formerly Poly Glass Fibre (M) Bhd, is a Malaysia-based investment holding company. The Company, through its subsidiaries, is involved in manufacturing, agriculture, property development and property investment. The Company operates through three segments, which includes Fibre glasswool and related products, Property development and Investment holding. The Fibre glasswool and related products segment manufactures and distributes fibre glasswool and other related products. Its Property development segment is engaged in development of a country retreat comprising bungalow lots and orchard lots. Its Investment holding segment is focused on investing in shares other investment and letting of properties. Its products include Ecowool Classic, Ecowool Brownie, Meltblown. The Company's subsidiaries include PGF Insulation Sdn. Bhd., Golden Approach Sdn. Bhd., Concrete Energy Sdn. Bhd., Clover Sdn. Bhd., Diamond Creeks Eco Farm Sdn. Bhd. and PGF Global Distribution Sdn. Bhd.
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:
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....