RightIssue

[SYMLIFE] Rights Issue on 27-Feb-2024

Announcement Date: 14-Feb-2024
Related Stock:
SYMLIFE
SYMPHONY LIFE BERHAD
Share Registrar:
SYMLIFE
SYMPHONY LIFE BERHAD
Amount

1.0000 : 2.0000

  • Ex Date
    27-Feb-2024
  • Entitlement Date
    28-Feb-2024
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 358,222,993 WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES ("SYMLIFE SHARE(S)" OR "SHARE(S)") IN THE COMPANY HELD AS AT 5.00 P.M. ON 28 FEBRUARY 2024 AT AN ISSUE PRICE OF RM0.10 PER WARRANT ("RIGHTS ISSUE OF WARRANTS")

About SYMPHONY LIFE BERHAD
Symphony Life Bhd is a property developer in Malaysia. The company?s core business activities are categorised into four key segments, Property Development segment comprises property development, property management and maintenance and property marketing consultancy; Property Investment segment is involved in the property investment and property management and maintenance; Construction and Quarry Operations segment comprises construction works and quarry operations; and Other Operations comprise other investments and investment holdings. The company predominantly carries out its operations in 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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