BERTAM
Rights Issue
| BERTAM ALLIANCE BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | Renounceable rights issue of up to 161,268,748 new ordinary shares in Bertam Alliance Berhad ("Bertam") ("Bertam Shares" or "Shares") ("Rights Shares") on the basis of 1 Rights Share for every 2 existing Bertam Shares held as at 5.00 p.m. on 30 August 2024, together with up to 161,268,748 free detachable warrants in Bertam ("Warrants") on the basis of 1 Warrant for every 1 Rights Share subscribed for at an issue price of RM0.075 per Rights Share ("Rights Issue of Shares with Warrants") |
| Ex-Date | 29 Aug 2024 |
| Entitlement date | 30 Aug 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 | 30 Aug 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 | Malaysian Ringgit (MYR) 0.0750 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | BERTAM ALLIANCE BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 2.0000 |
| Rights Crediting Date | 30 Aug 2024 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
ALDPRO CORPORATE SERVICES SDN BHD B-21-1, Level 21, Tower B Northpoint Midvalley City No. 1, Medan Syed Putra Utara 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0397702200 Fax:0397702239 |
| Remarks : |
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents") will be despatched only to shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 30 August 2024 ("Entitled Shareholders") ("BCD") and who have a registered address in Malaysia or who have provided our Share Registrar for the Rights Issue of Shares with Warrants with a registered address in Malaysia in writing by 5.00 p.m. on 30 August 2024.
The Documents are not intended to and will not be made to comply with the laws of any foreign country or jurisdiction other than Malaysia and are not intended to be and will not be issued, circulated or distributed in foreign country or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants complies with the laws of any foreign country or jurisdiction other than the laws of Malaysia.
This announcement is dated 16 August 2024. |
Announcement Info
| Company Name | BERTAM ALLIANCE BERHAD |
| Stock Name | BERTAM |
| Date Announced | 16 Aug 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-15082024-00003 |
| Corporate Action ID | MY240815RHDI0001 |