OMESTI
Rights Issue
OMESTI BERHAD |
Entitlement subject | Rights Issue |
Type | Renounceable |
Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 789,036,071 NEW ORDINARY SHARES IN OMESTI BERHAD ("OMESTI") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 10 OCTOBER 2025 AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 315,614,428 FREE DETACHABLE WARRANTS IN OMESTI ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
Ex-Date | 09 Oct 2025 |
Entitlement date | 10 Oct 2025 |
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 | 10 Oct 2025 |
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) 0.0800 |
Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | OMESTI BERHAD |
Entitlement | Ordinary Rights |
Ratio (New:Existing) | 1.0000 : 1.0000 |
Rights Crediting Date | 10 Oct 2025 |
Fractional Entitlement | Round Down / Fraction Disregard |
Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
Remarks : |
The abridged prospectus, together with the notice of provisional allotments and the rights subscription form relating to the Rights Issue (collectively, "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 10 October 2025 ("Entitlement Date") ("Entitled Shareholders") at their registered addresses in Malaysia or who have provided the Company's special share registrar, ShareWorks 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 5.00 p.m. on 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 comply 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. Holders of Warrants C who wish to be entitled to the Rights Shares with Warrants D must exercise their Warrants C into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Bina Management (M) Sdn Bhd, on or before 5.00 p.m. on 29 September 2025. This is to enable the new Shares arising from such exercise to be alloted to the respective holders of Warrants C such that their name will appear on the Record of Depositors of Omesti by 5.00 p.m. on 10 October 2025. This announcement is dated 26 September 2025. |
Announcement Info
Company Name | OMESTI BERHAD |
Stock Name | OMESTI |
Date Announced | 26 Sep 2025 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-22092025-00009 |
Corporate Action ID | MY250922RHDI0001 |