RENOUNCEABLE RIGHTS ISSUE OF UP TO 130,000,000 NEW ORDINARY SHARES IN ANNUM BERHAD ("ANNUM SHARES") ("RIGHTS SHARES") ON THE BASIS OF 4 RIGHTS SHARES FOR EVERY 3 ANNUM SHARES HELD AS AT 5.00 P.M. ON 17 JANUARY 2023 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.30 PER RIGHTS SHARE, TOGETHER WITH UP TO 97,500,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
About ANNUM BERHAD
Annum Berhad, an investment holding company, engages in plywood and decorative paneling business in Malaysia. It produces a range of products that service the general construction, luxury office and hotel interior decorations, high end decorative panels, furniture components, other panel manufacturing, musical instruments, finishing, and transportation industries in the United States, Canada, Mexico, Europe, Japan, and ASEAN countries. Its products include raw plywood, custom plywood, decorative veneer overlaid products, musical instrument components, and furniture components. The company was formerly known as Cymao Holdings Berhad. Annum Berhad was founded in 1960 and is based in Sandakan, 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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