RightIssue

[ASB] Rights Issue on 13-Sep-2022

Announcement Date: 13-Sep-2022
Related Stock:
ASB
ADVANCE SYNERGY BHD
Share Registrar:
ASB
ADVANCE SYNERGY BHD
Amount

2.0000 : 1.0000

  • Ex Date
    03-Oct-2022
  • Entitlement Date
    04-Oct-2022
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,858,389,886 NEW ORDINARY SHARES IN ADVANCE SYNERGY BERHAD ("ASB") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN ASB HELD AS AT 5:00 P.M. ON TUESDAY, 4 OCTOBER 2022 ("RIGHTS ISSUE")

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 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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