Rights Issue
| DIGISTAR CORPORATION BERHAD |
|
EX-date | 20/12/2006 |
| Entitlement date | 22/12/2006 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Digistar Corporation Berhad ("Digistar") Proposed Rights Issue of 90,040,325 warrants ("Warrants") on the basis of one (1) Warrant for every two (2) ordinary shares of RM0.10 each held in Digistar at an issue price of RM0.01 per Warrant ("Proposed Rights Issue") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | PFA Registration Services Sdn Bhd Level 13 Uptown 1 No. 1 Jalan SS21/58 Damansara Uptown 47400 Petaling Jaya Selangor Darul Ehsan Tel No.: 603.7725.4888 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 22/12/2006 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c.Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | 90040325 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | 0.01 |
| Remarks : |
| Irrevocable written undertakings have been given by the following substantial shareholders, namely: (i) Kenangan Lampiran Sdn Bhd, vide its letter dated 2 October 2006, to fully subscribe for its rights entitlement under the Proposed Rights Issue as at the Entitlement Date; (ii) Datuk Lee Wah Chong, vide his letter dated 2 October 2006, to fully subscribe for: (a) his rights entitlement under the Proposed Rights Issue as at the Entitlement Date; and (b) the remaining "open-portion" of Warrants (the portion for which no irrevocable undertaking for subscription has been given) which are not subscribed for by the other shareholders of Digistar. This announcement is dated 5 December 2006. |
Announcement Info
| Company Name | DIGISTAR CORPORATION BERHAD (MESDAQ Market) |
| Stock Name | DIGISTA |
| Date Announced | 5 Dec 2006 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-061205-61482 |
