RENOUNCEABLE RIGHTS ISSUE OF UP TO 119,657,142 NEW ORDINARY SHARES IN SAPURA RESOURCES BERHAD ("SRB" OR THE "COMPANY") ("SRB SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.28 PER RIGHTS SHARE ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 7 EXISTING SRB SHARES HELD AS AT 5.00 P.M. ON WEDNESDAY, 7 AUGUST 2024 ("RIGHTS ISSUE")
About SAPURA RESOURCES BHD
Sapura Resources Bhd is an investment holding and property investment company. The business activity of the group is functioned through Property investment, Corporate services, Investment holding and Aviation segments. The Property investment segment is engaged in the rental of investment properties. The Corporate services segment provides group-level corporate services and business development functions. The Investment holding segment is involved in equity investment. The Aviation segment is engaged in the provision of hangarage services, ground handling, aircraft charter brokerage and other aviation-related services at its premises in Subang. Geographically all the activities are functioned through the region of Malaysia.
How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.
On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:
Market Buzz
No result.
Discussions
Be the first to like this. Showing 0 of 0 comments
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 673 views | 4 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13866 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....