LBS
Rights Issue
| LBS BINA GROUP BERHAD |
| EX-date | 11 Jul 2017 |
| Entitlement date | 13 Jul 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 150,588,266 new redeemable convertible preference shares in LBS Bina Group Berhad ("LBGB") ("RCPS") on the basis of 1 RCPS for every 5 existing ordinary shares in LBGB ("LBGB Share(s)" or "Share(s)") held as at 5.00 p.m. on Thursday, 13 July 2017 at an issue price of RM1.10 per RCPS ("Rights Issue") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2017 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 13 Jul 2017 |
| 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) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 5 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.100 |
| Par Value (if applicable) | |
| Remarks : |
The Abridged Prospectus together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of LBGB whose names appear on the Record of Depositors at 5.00 p.m. on 13 July 2017 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 13 July 2017. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 13 July 2017.
The date of listing of the RCPS on the Main Market of Bursa Malaysia Securities Berhad will be on 11 August 2017.
Holders of Warrants A 2008/ 2018 and Warrants B 2015/ 2020 are reminded to lodge their conversion forms and conversion monies for conversion of warrants into new ordinary shares in the Company with the Company's Share Registrar by 5.00 p.m. on 3 July 2017 to qualify for the RCPS entitlement.
The aforementioned documents will be despatched to the Entitled Shareholders not later than 2 market days from the entitlement date. |
Announcement Info
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 29 Jun 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-29062017-00001 |