Announcements


Date: 20 October 2017

ASIABIO - Notice of Rights Entitlement

 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,163,208,800 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ASIA BIOENERGY TECHNOLOGIES BERHAD ("ABT") ("ICPS") AT AN ISSUE PRICE OF RM0.08 PER ICPS TOGETHER WITH UP TO 116,320,880 FREE DETACHABLE WARRANTS IN ABT ("WARRANTS B") ON THE BASIS OF 10 ICPS TOGETHER WITH 1 FREE WARRANT B FOR EVERY 5 EXISTING ORDINARY SHARES IN ABT HELD BY THE ENTITLED SHAREHOLDERS OF ABT AT 5.00 P.M. ON 2 NOVEMBER 2017 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")

Kindly be advised of the following :

1)    The Right commence of trading : 3 Nov 2017
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 6 Nov 2017
3)    The last day and time for Acceptance, Renunciation and Payment : 24 Nov 2017
4)    The Rights cessation quotation : 17 Nov 2017

The Stock Short Name, Number and ISIN Code ASIABIO-PR, 0150PR and MYQ0150PR001.

Remarks:-  All new ABT Shares to be issued arising from the conversion of the ICPS shall not be entitled to any dividends, rights, allotments and/or other distributions that may be declared, made or paid, the entitlement date for which is prior to the date of allotment and issuance of such new Shares arising from the conversion of the ICPS.

The last date and time for acceptance, excess application and payment is 24 November 2017 at 5.00 p.m.

 

 

 

 

 

 

 

 

 



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