Listing Circular

Reference No RN-140506-59450

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

06/05/2014

 
IRETEX - NOTICE OF RIGHTS ENTITLEMENT

IRE-TEX CORPORATION BERHAD

Announcement Details/Table Section:

LISTING'S CIRCULAR NO. L/Q : 70485 OF 2014

Renounceable rights issue of up to 517,014,000 or RM38,776,050 nominal value of five (5)-year, 1%, irredeemable convertible unsecured loan stocks (“ICULS”) at 100% of the nominal value of RM0.075 each (“Rights ICULS”) on the basis of four (4) RM0.075 nominal value of Rights ICULS for every one (1) ordinary share of RM0.40 each in Ire-Tex Corporation Berhad (“ITCB”) held at 5.00 p.m. on 16 May 2014 together with up to 64,626,750 free warrants (“Warrants”) on the basis of one (1) Warrant for every eight (8) Rights ICULS subscribed for (“Rights Issue of ICULS with Warrants”).



    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
    as from : [ 14 May 2014 ]

    2) The last date of lodgement : [ 16 May 2014 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 4/5 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 4/5 ] of the Transacted Price is applicable.