Important Relevant Dates for
Renounceable Rights
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Reference No MI-140430-49646
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Company Name
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:
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IRE-TEX CORPORATION BERHAD
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Stock Name
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:
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IRETEX
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Date Announced
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:
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30/04/2014
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Important
Relevant Dates for Renounceable Rights
IRE-TEX CORPORATION BERHAD |
Title/Description
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:
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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”)
(“ITCB Share”) 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
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Dispatched Date
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:
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20/05/2014
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Date for commencement of trading of
the rights
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:
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19/05/2014
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Date for dispatch of abridged
prospectus and subscription forms
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:
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20/05/2014
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Date for cessation of trading of the
rights
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:
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26/05/2014
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Date for announcement of final
subsricption result and basis of
allotment of excess Rughts
Securities
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:
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06/06/2014
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Listing date of the Rights Securities |
: |
16/06/2014 |
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Number of new shared/securities
issued (units) (If applicable)
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:
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Entitlement Indicator |
: |
Ratio |
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Ratio |
: |
4:1 |
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Right Issues/Offer Price |
: |
0.075 |
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Last
date and time for |
Date |
Time |
Sale
of provisional allotment of rights |
23/05/2014 |
at
|
05:00:00
PM
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Transfer of provisional allotment of
rights |
28/05/2014 |
at
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04:00:00
PM |
Acceptance and payment |
02/06/2014 |
at
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05:00:00
PM |
Excess share application and payment |
02/06/2014 |
at
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05:00:00
PM
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Rights Securities will be listed and
quoted as the existing securities of the
same class:
No
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Remarks :
The last date and time for acceptance
and payment as well as the last date and
time for excess application and payment
are at 5.00 p.m. on 2 June 2014 or such
later date and time as the Board of
Directors of ITCB may decide and
announce not less than two (2) market
days before the stipulated date and
time.
This announcement is dated 30 April
2014.
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