VIVOCOM - Notice of Rights Entitlement (Ratio)
|VIVOCOM INTL HOLDINGS BERHAD|
Renounceable rights issue of up to 3,010,706,070 new ordinary shares in Vivocom Intl Holdings Berhad ("Vivocom") ("Vivocom Share(s)") ("Rights Share(s)") on the basis of 2 Rights Shares for every 3 existing Vivocom Shares held together with up to 1,505,353,035 free detachable warrants in Vivocom ("Warrant(s) E") on the basis of 1 Warrant E for every 2 Rights Shares subscribed for as at 5.00 p.m. on Monday, 30 July 2018 at an issue price of RM0.025 per Rights Share ("Rights Issue with Warrants").
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “Ex-Rights Issue”” as from: 26 Jul 2018
2) The last date of lodgment : 30 Jul 2018
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <2/5>, of Selling Price against the Selling Client
b) Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <2/5>, of the Transacted Price is applicable.
Remarks : The Abridged Prospectus together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of Vivocom whose names appear on the Record of Depositors as at 5.00 p.m. on Monday, 30 July 2018 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on Monday, 30 July 2018. The Abridged Prospectus together with the NPA and RSF will not be despatched to the foreign Entitled Shareholders and/ or their renouncee(s) (if applicable) who have not provided an address in Malaysia. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on Monday, 30 July 2018. The aforementioned documents will be despatched to the Entitled Shareholders not later than 2 market days from the entitlement date. Warrant B holders, Warrant C holders and/ or Warrant D holders of Vivocom who wish to be entitled to the Rights Issue with Warrants should exercise their rights to subscribe for new Vivocom Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Insurban Corporate Services Sdn Bhd, on or before 5.00 p.m. on Wednesday, 18 July 2018. This is to enable the new Vivocom Shares to be issued arising from such exercise to be allotted to the respective Warrant B holders, Warrants C holders and/ or Warrant D holders such that their names will appear on the Record of Depositors of Vivocom Shares as at 5.00 p.m. on Monday, 30 July 2018.
|Company Name||VIVOCOM INTL HOLDINGS BERHAD|
|Date Announced||18 Jul 2018|