Tiger Lee

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2016-04-29 19:12 | Report Abuse

Important Relevant Dates for Renounceable Rights

CONNECTCOUNTY HOLDINGS BERHAD

Title/Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 800,994,000 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.025 EACH IN CONNECT (ICPS) ON THE BASIS OF 3 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE OF RM0.10 EACH HELD IN CONNECT TOGETHER WITH UP TO 53,399,600 FREE DETACHABLE WARRANTS (WARRANT(S)-B) ON THE BASIS OF 1 FREE WARRANT-B FOR EVERY 15 ICPS SUBSCRIBED AT AN ISSUE PRICE OF RM0.025 PER ICPS PAYABLE IN FULL UPON ACCEPTANCE
Despatch date 19 May 2016
Date for commencement of trading of rights 18 May 2016
Date for cessation of trading of rights 25 May 2016
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 07 Jun 2016
Listing Date of the Rights Securities 14 Jun 2016

Last date and time for Date Time
Sale of provisional allotment of rights 24 May 2016
at
05:00:00 PM
Transfer of provisional allotment of rights 27 May 2016
at
05:00:00 PM
Acceptance and payment 01 Jun 2016
at
05:00:00 PM
Excess share application and payment 01 Jun 2016
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class No
To specify the entitlement that the holders of the Rights Securities will not be entitled to All new CONNECT Shares to be issued pursuant to the conversion of the ICPS shall, upon allotment and issue, rank pari passu in all respects with the existing CONNECT Shares except that such new CONNECT Shares shall not entitle its holders to any dividends, rights, allotments, and/or other distributions on or prior to the relevant date of allotment of the new CONNECT Shares arising from the conversion of the ICPS.
Other important dates as the listed issuer may deem appropriate