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Notice of Rights Entitlement
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")
Kindly be advised of the following :
1) The Right commence of trading : 04 Oct 2022
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 05 Oct 2022
3) The last day and time for Acceptance, Renunciation and Payment : 19 Oct 2022
4) The Rights cessation quotation : 12 Oct 2022
The Stock Short Name, Number and ISIN Code HUAYANG-OR, 5062OR and MYL5062OR007
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 | 20 Sep 2022 |
Category | Listing Circular |
Reference Number | ILC-20092022-00005 |