RightIssue

[BPURI] Rights Issue on 10-Mar-2023

Announcement Date: 10-Mar-2023
Related Stock:
BPURI
BINA PURI HOLDINGS BHD
Share Registrar:
BPURI
BINA PURI HOLDINGS BHD
Amount

2.0000 : 3.0000

  • Ex Date
    24-Mar-2023
  • Entitlement Date
    27-Mar-2023
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI") ("BINA PURI SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

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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