NON-RENOUNCEABLE RIGHTS ISSUE OF UP TO 15,596,000 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") AT AN ISSUE PRICE OF RM0.50 PER RIGHTS RPS ON THE BASIS OF ONE (1) RIGHTS RPS FOR EVERY FIFTEEN (15) EXISTING ORDINARY SHARES IN SUNMOW ("SUNMOW SHARES OR SHARES") HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 5 SEPTEMBER 2024, TOGETHER WITH UP TO 15,596,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS RPS SUBSCRIBED FOR ("RIGHTS ISSUE OF RPS WITH WARRANTS")
About SUNMOW HOLDING BERHAD
Sunmow Holding Bhd is a Malaysia-based company, which is a fully integrated building contractor. The Company operates through three segments: Construction, Trading and Property Development. The Construction segment is involved in construction contract works and provision of construction support services. The Trading segment is involved in trading of building materials and tools. The Property Development segment is involved in property development. The Company's service includes construction, renovation, drainage and sewage systems, road paving, and oil and gas support services. Its subsidiaries include Sunmow Development Sdn. Bhd., Sunmow Trading Sdn. Bhd. and Sunmow Construction Sdn. Bhd. The Company, through its subsidiary Sunmow Construction Sdn. Bhd., offers a range of services such as infra-structure works, building structure works, architectural works, drainage system, road paving works and related civil engineering works.
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:
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