ZENTECH
Rights Issue
| ZEN TECH INTERNATIONAL BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
| Ex-Date | 06 Jan 2023 |
| Entitlement date | 09 Jan 2023 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 09 Jan 2023 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0150 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | ZEN TECH INTERNATIONAL BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 2.0000 : 1.0000 |
| Rights Crediting Date | 09 Jan 2023 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Selangor Malaysia Tel:0377843922 Fax:0377841988 |
| Remarks : |
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment relating to the Rights Issue (collectively referred to as "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 9 January 2023 ("Entitlement Date") ("Entitled Shareholders") at their registered addresses in Malaysia or who have provided the Company's share registrar, Bina Management (M) Sdn Bhd, with their Malaysian address in writing by 5.00 p.m. on the Entitlement Date. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers to effect the change of address by the Entitlement Date.
The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue or the Documents complies with the laws of any countries or jurisdictions other than the laws of Malaysia.
The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date.
This announcement is dated 22 December 2022. |
Announcement Info
| Company Name | ZEN TECH INTERNATIONAL BERHAD |
| Stock Name | ZENTECH |
| Date Announced | 22 Dec 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-20122022-00003 |
| Corporate Action ID | MY221220RHDI0001 |