SUNMOW

Rights Issue

SUNMOW HOLDING BERHAD

Entitlement subject Rights Issue
Type Non-renounceable
Entitlement description
NON-RENOUNCEABLE RIGHTS ISSUE OF UP TO 15,596,000 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") AT AN ISSUE PRICE OF RM0.50 PER RIGHTS RPS ON THE BASIS OF ONE (1) RIGHTS RPS FOR EVERY FIFTEEN (15) EXISTING ORDINARY SHARES IN SUNMOW ("SUNMOW SHARES OR SHARES") HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 5 SEPTEMBER 2024, TOGETHER WITH UP TO 15,596,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS RPS SUBSCRIBED FOR ("RIGHTS ISSUE OF RPS WITH WARRANTS")
Ex-Date 04 Sep 2024
Entitlement date 05 Sep 2024
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 05 Sep 2024
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
Par Value (if applicable)
Despatch Date
Date for announcement of final subscription result and basis of allotment of excess Rights Securities
Allow Excess Application No
Last Date and Time for
Acceptance and Payment 19 Sep 2024 05:00 PM
Available/Listing Date 03 Oct 2024
Entitlement indicator Ratio
Entitlement Details
Company Name
SUNMOW HOLDING BERHAD
Entitlement Preference Shares
Ratio (New:Existing) 1.0000  : 15.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.5000
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 Information Memorandum, together with the rights subscription form (collectively, the "Documents"), are only despatched to Entitled Shareholders whose names appear in our Record of Depositors and who have provided the Share Registrar with a registered address in Malaysia no later than 5.00 p.m. on 5 September 2024.

The Warrants attached to the Rights RPS are issued without any cost to the Entitled Shareholders and will be issued only to the Entitled Shareholders who subscribe for the Rights RPS. The Warrants will be immediately detached from the Rights RPS upon allotment and issuance and will be traded separately on the LEAP Market of Bursa Securities, and will be issued in registered form and constituted by the deed poll dated 21 August 2024. Each Warrant will entitle its holder to subscribe for one new Sunmow Share at an exercise price of RM0.60 per Warrant.

The Documents are not intended to be issued, circulated or distributed in any countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue of RPS with Warrants complies with the laws of any countries or jurisdictions other than Malaysia. The Documents will not be sent to the foreign Entitled Shareholders who do not have a registered address in Malaysia. However, such foreign Entitled Shareholders may collect the Documents from the Share Registrar, in which event the Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the aforesaid documents.

This announcement is dated 21 August 2024.


Announcement Info

Company Name SUNMOW HOLDING BERHAD
Stock Name SUNMOW
Date Announced 21 Aug 2024
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11072024-00002
Corporate Action ID MY240711PRIO0001


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