RENOUNCEABLE RIGHTS ISSUE OF UP TO 147,317,119 NEW ORDINARY SHARES IN CWG HOLDINGS BERHAD ("CWG" OR THE "COMPANY") ("CWG SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.18 PER RIGHTS SHARE, ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 5 EXISTING CWG SHARES HELD AS AT 5.00 P.M. ON MONDAY, 9 SEPTEMBER 2024 ("RIGHTS ISSUE")
About CWG HOLDINGS BERHAD
CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is primarily involved in the manufacture and sale of stationery and printing material. The products offered include spiral note books, pads, hard cover book, files, paper bags, gift wraps, and the publishing of children?s books. The group has three reportable segments namely, Manufacture and sale of stationery and printing material, Property letting, and Investment holding. The group has operations in Malaysia, and internationally, of which majority of the revenue is generated from Malaysia, and other Asian countries.
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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