Offer for Sale e.g. Warrants

[AYS] Offer for Sale on 04-May-2012

Announcement Date: 30-Apr-2012
Related Stock:
AYS
AYS VENTURES BHD
Share Registrar:
AYS
AYS VENTURES BHD
Amount

1 : 1

  • Ex Date
    04-May-2012
  • Entitlement Date
    08-May-2012
Description
Renounceable offer for sale by Oh Chiew Ho and Tan Chee Kuan of up to 18,417,648 ordinary shares of RM0.50 each in AYS Ventures Berhad ("AYS Ventures Shares")("Offer Shares") to the NV Multi Corporation Berhad's shareholders at an offer price of RM0.50 per Offer Share on the basis of one (1) Offer Share for every one (1) existing AYS Ventures Share held as at 5.00 p.m. on 8 May 2012 ("Entitlement Date") ("Offer for Sale to NV Multi Shareholders")

About AYS VENTURES BHD
AYS Ventures Bhd is an investment holding principally involved in the trading and manufacturing of steel related products. The company is organized into three segments namely trading, manufacturing and others. The trading division trades and markets a diverse range of steel products and construction materials whilst the manufacturing division manufactures and trades pressed steel and fiberglass reinforced polyester sectional water tanks, steel purlin, and wire products. Other segment includes investment holding, warehousing and storage services and dormant. The products serve customers in the construction, engineering for heavy steel industries, fabrication, oil and gas, power plant and shipbuilding sectors. The group principally operates within 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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