M3TECH - Notice of Rights Entitlement
|M3 TECHNOLOGIES (ASIA) BERHAD|
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").
Kindly be advised of the following :
1) The Right commence of trading : 14 Jul 2016
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 15 Jul 2016
3) The last day and time for Acceptance, Renunciation and Payment : 28 Jul 2016
4) The Rights cessation quotation : 21 Jul 2016
The Stock Short Name, Number and ISIN Code M3TECH-OR, 0017OR and MYQ0017OR005
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.
|Company Name||M3 TECHNOLOGIES (ASIA) BERHAD|
|Date Announced||24 Jun 2016|