RightIssue

[MAS] Rights Issue on 26-Jan-2010

Announcement Date: 26-Jan-2010
Related Stock:
MAS
MALAYSIAN AIRLINE SYSTEM BHD
Share Registrar:
MAS
MALAYSIAN AIRLINE SYSTEM BHD

Amount

1 : 1

  • Ex Date
    08-Feb-2010
  • Entitlement Date
    10-Feb-2010


Description
RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN AIRLINE SYSTEM BERHAD ("MAS") (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.60 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH HELD IN MAS AS AT 5.00 P.M. ON 10 FEBRUARY 2010 ("RIGHTS ISSUE")

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:

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment