DGB
Rights Issue
| DGB ASIA BERHAD |
|
EX-date | 31/03/2015 |
| Entitlement date | 02/04/2015 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 355,160,000 NEW ORDINARY SHARES OF RM0.10 EACH IN DGB ASIA BERHAD (FORMERLY KNOWN AS DSC SOLUTIONS BERHAD) (“DGB”) (“DGB SHARES” OR “SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING DGB SHARE HELD AS AT 5.00 P.M. ON 2 APRIL 2015 (“ENTITLEMENT DATE”) AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE, TOGETHER WITH UP TO 266,370,000 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF THREE (3) WARRANTS FOR EVERY FOUR (4) RIGHTS SHARES SUBSCRIBED FOR (“RIGHTS ISSUE OF SHARES WITH WARRANTS”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | ShareWorks Sdn Bhd 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel. no. : 03-6201 1120 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 02/04/2015 |
| 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) | 355160000 |
| Entitlement indicator | Ratio |
| Ratio | 2 : 1 |
| Rights Issues/Offer Price | 0.11 |
| Remarks : |
| The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of DGB who have registered addresses in Malaysia and whose names appear in DGB’s Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders with registered address outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of DGB, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 19 March 2015. |
Announcement Info
| Company Name | DGB ASIA BERHAD (ACE Market) |
| Stock Name | DGB |
| Date Announced | 19 Mar 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OS-150319-42526 |