Important Relevant Dates for Renounceable Rights

M3 TECHNOLOGIES (ASIA) BERHAD

Title/Description Renounceable rights issue of up to 394,640,880 new ordinary shares of RM0.10 each in M3Tech ("M3Tech Shares") ("Rights Shares") together with up to 295,980,660 free detachable warrants ("Warrants") at an issue price of RM0.10 per Rights Share on the basis of four (4) Rights Shares together with three (3) Warrants for every two (2) existing M3Tech Shares held at 5.00 p.m. on 13 July 2016, based on a minimum subscription level of 80,000,000 Rights Shares together with 60,000,000 Warrants ("Rights Issue with Warrants")
Despatch date 15 Jul 2016
Date for commencement of trading of rights 14 Jul 2016
Date for cessation of trading of rights 21 Jul 2016
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 04 Aug 2016
Listing Date of the Rights Securities 11 Aug 2016

Last date and time for Date Time
Sale of provisional allotment of rights 20 Jul 2016
at
05:00:00 PM
Transfer of provisional allotment of rights 25 Jul 2016
at
04:00:00 PM
Acceptance and payment 28 Jul 2016
at
05:00:00 PM
Excess share application and payment 28 Jul 2016
at
05:00:00 PM

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



Remarks :
The last date and time for acceptance and payment as well as the last date and time for excess application and payment is at 5.00 p.m. on 28 July 2016 or such later date and time as the Board of Directors of M3Tech may decide and announce not less than two (2) market days before the stipulated date and time.

This announcement is dated 23 June 2016.


Announcement Info

Company Name M3 TECHNOLOGIES (ASIA) BERHAD
Stock Name M3TECH
Date Announced 23 Jun 2016
Category Important Relevant Dates for Renounceable Rights
Reference Number TOR-20062016-00001