RightIssue

[ANNUM] Rights Issue on 03-Jan-2023

Announcement Date: 03-Jan-2023
Related Stock:
ANNUM
ANNUM BERHAD
Share Registrar:
ANNUM
ANNUM BERHAD
Amount

4.0000 : 3.0000

  • Ex Date
    16-Jan-2023
  • Entitlement Date
    17-Jan-2023
Description
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")

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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