RightIssue

[PUNCAK] Rights Issue on 10-Sep-2001

Announcement Date: 10-Sep-2001
Related Stock:
PUNCAK
PUNCAK NIAGA HOLDINGS BHD
Share Registrar:
PUNCAK
PUNCAK NIAGA HOLDINGS BHD

Amount

5 : 4

  • Ex Date
    25-Sep-2001
  • Entitlement Date
    27-Sep-2001


Description
RENOUNCEABLE RIGHTS ISSUE OF RM546,875,000 NOMINAL VALUE 15-YEAR REDEEMABLE UNCONVERTIBLE JUNIOR NOTES ('RUN') WITH 109,375,000 FREE DETACHABLE WARRANTS ('WARRANTS') AT AN ISSUE PRICE OF RM0.322 PER RM1.00 NOMINAL VALUE OF RUN PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF RM5.00 NOMINAL VALUE OF RUN WITH ONE (1) FREE WARRANT FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN THE COMPANY ('RUN 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:

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