RightIssue

[DNONCE] Rights Issue on 14-Feb-2024

Announcement Date: 29-Jan-2024
Related Stock:
DNONCE
DNONCE TECHNOLOGY BHD
Share Registrar:
DNONCE
DNONCE TECHNOLOGY BHD
Amount

1.0000 : 1.0000

  • Ex Date
    14-Feb-2024
  • Entitlement Date
    15-Feb-2024
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 434,462,377 NEW ORDINARY SHARES IN D'NONCE TECHNOLOGY BHD ("DTB") ("DTB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 15 FEBRUARY 2024 AT AN ISSUE PRICE OF RM0.09 PER RIGHTS SHARE, TOGETHER WITH UP TO 434,462,377 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE")

About DNONCE TECHNOLOGY BHD
D'Nonce Technology Bhd is involved in the provision of management services and investment holding activity. Its business is functioned through three main divisions namely Integrated Supply Chain Products and Services, Contract Manufacturing, and Supply of Packaging and Other Materials. The company is engaged in the manufacture, sales, and distribution of packing material, electronics products, food-related products, and consumables. In addition, it is also operating as a contract manufacturer of electronic components. Geographically, all the activities are functioned through the regions of Malaysia and Thailand of which Malaysia regions account for the majority of revenue.

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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