RightIssue

[AIM] Rights Issue on 28-Nov-2023

Announcement Date: 15-Nov-2023
Related Stock:
AIM
ADVANCE INFORMATION MARKETING
Share Registrar:
AIM
ADVANCE INFORMATION MARKETING
Amount

3.0000 : 1.0000

  • Ex Date
    28-Nov-2023
  • Entitlement Date
    29-Nov-2023
Description
ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR THE "COMPANY") RENOUNCEABLE RIGHTS ISSUE OF UP TO 292,662,627 NEW ORDINARY SHARES IN AIM ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 29 NOVEMBER 2023 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 195,108,418 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

About ADVANCE INFORMATION MARKETING
Advance Information Marketing Bhd is a BPO (Business Process Outsourcing) solution provider offering a spectrum of loyalty management services ranging from consultation, technology infrastructure and technical support to procurement and logistics for companies. The company's operating segments are Managed customer loyalty services segment including sales and marketing services, client relationship management, outsourced contact center management; Distribution of health and beauty care products segment include f health and beauty care products under HABA brand; and Other segments include outsourced procurement services, investment holding, and corporate level activities. Most of the company's revenue comes from Indonesia.

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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