SPSETIA
Rights Issue
| S P SETIA BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | Renounceable rights issue of up to 3,069,191,630 new Class C Islamic redeemable convertible preference shares in S P Setia Berhad ("S P Setia") ("RCPS-i C") at an issue price of RM0.38 per RCPS-i C on the basis of 67 RCPS-i C for every 100 existing ordinary shares in S P Setia held as at 5:00 p.m. on 2 November 2022 ("Rights Issue") |
| Ex-Date | 01 Nov 2022 |
| Entitlement date | 02 Nov 2022 |
| 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 | 02 Nov 2022 |
| 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) 0.3800 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | S P SETIA BERHAD |
| Entitlement | Preference Rights |
| Ratio (New:Existing) | 67.0000 : 100.0000 |
| Rights Crediting Date | 02 Nov 2022 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| 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 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:03-27839299 Fax:03-27839222 |
| Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and the rights subscription form in relation to the Rights Issue (collectively, the "Documents") will be despatched to the shareholders of S P Setia whose names appear in the Record of Depositors of S P Setia as at 5:00 p.m. on 2 November 2022 ("Entitlement Date") at their registered address in Malaysia, or who have provided the Share Registrar with a registered address in Malaysia in writing no later than 5:00 p.m. on the Entitlement Date.
The Documents are not intended to (and will not) be issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been (or will be) taken to ensure that either the Rights Issue or the Documents comply with the laws of any country or jurisdiction other than the laws of Malaysia.
This Announcement is dated 18 October 2022. |
Announcement Info
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 18 Oct 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-27092022-00004 |
| Corporate Action ID | MY220927RHDI0001 |