RENOUNCEABLE RIGHTS ISSUE OF 417,747,955 NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) (“SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM2.70 EACH, PAYABLE IN FULL UPON ACCEPTANCE, AND 417,747,955 REDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.10 EACH IN MAS (“RCPS”) AT AN ISSUE PRICE OF RM1.00 EACH, PAYABLE IN FULL UPON ACCEPTANCE, ON THE BASIS OF ONE (1) RIGHTS SHARE AND ONE (1) RCPS FOR EVERY THREE (3) EXISTING SHARES HELD AT 5.00 P.M. ON 1 OCTOBER 2007 (“RIGHTS ISSUE”)
About MALAYSIAN AIRLINE SYSTEM BHD
Malaysian Airline System Berhad is engaged in the business of air transportation and the provision of related services. It operates in two segments: airline operations, which is engaged in the operation of aircraft for passenger, and cargo services, which is engaged in the operation of aircraft for cargo and mail services. Its other business segment includes catering, engineering, computerized reservation services, trucking and warehousing services, retailing of goods, terminal charges, and tour and travel related activities.
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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