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Important Relevant Dates For Renounceable Rights
BackSep 19, 2022
| Entitlement subject | Important Relevant Dates for Renounceable Rights |
| Description |
RENOUNCEABLE RIGHTS ISSUE OF UP TO 88,000,000 NEW ORDINARY SHARES IN HUA YANG BERHAD ("HYB") ("HYB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 4 EXISTING HYB SHARES HELD AS AT 5.00 P.M. ON MONDAY, 3 OCTOBER 2022, TOGETHER WITH UP TO 88,000,000 FREE DETACHABLE WARRANTS IN HYB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM0.18 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS") |
| Despatch Date | 05 Oct 2022 |
| Date for commencement of trading of rights | 04 Oct 2022 |
| Date for cessation of trading of rights | 12 Oct 2022 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 25 Oct 2022 |
| Last date and time for : | |
| Sale of provisional allotment of rights | 11 Oct 2022 05:00 PM |
| Transfer of provisional allotment of rights | 13 Oct 2022 04:30 PM |
| Acceptance and Payment | 19 Oct 2022 05:00 PM |
| Excess share application and payment | 19 Oct 2022 05:00 PM |
| Available/Listing Date | 31 Oct 2022 |
| Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
| Other important dates as the listed issuer may deem appropriate |
N/A |
| Entitlement Details | |
| Company Name |
HUA YANG BERHAD |
| Entitlement | Ordinary Shares |
| Ratio (New : Existing) | 1.0000 : 4.0000 |
| Rights Issue / Offer Price | Malaysian Ringgit (MYR) 0.1800 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no | BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:(03)7890 4700 Fax:(03)7890 4670 |
| Remarks : |
|
The last date and time for acceptance, excess application and payment is Wednesday, 19 October 2022 at 5.00 p.m. as stated above. |
Announcement Info
| Company Name | HUA YANG BERHAD |
| Stock Name | HUAYANG |
| Date Announced | 19 Sep 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-19092022-00004 |
| Corporate Action ID | MY220919EXRI0001 |