HHRG
Rights Issue
| HENG HUAT RESOURCES GROUP BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 46,235,800 NEW ORDINARY SHARES IN HENG HUAT RESOURCES GROUP BERHAD ("HENG HUAT") ("HENG HUAT SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING HENG HUAT SHARES HELD AS AT 5.00 PM ON 13 APRIL 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE, TOGETHER WITH UP TO 69,353,700 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
| Ex-Date | 12 Apr 2021 |
| Entitlement date | 13 Apr 2021 |
| 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 | 13 Apr 2021 |
| 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) 0.2000 |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | HENG HUAT RESOURCES GROUP BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 2.0000 |
| Rights Crediting Date | 13 Apr 2021 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
AGRITEUM SHARE REGISTRATION SERVICES SDN BHD 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Pulau Pinang Malaysia Tel:042282321 Fax:042272391 |
| 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 who have registered addresses in Malaysia and whose names appear in the Companys Record of Depositors as at the Entitlement Date ("Entitled Shareholders"). 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 or will be taken to ensure that the Rights Issue and 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.
This announcement is dated 30 March 2021. |
Announcement Info
| Company Name | HENG HUAT RESOURCES GROUP BERHAD |
| Stock Name | HHGROUP |
| Date Announced | 30 Mar 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-30032021-00002 |
| Corporate Action ID | MY210330RHDI0001 |