PHB - Notice of Rights Entitlement (Ratio)
|PEGASUS HEIGHTS BERHAD|
RENOUNCEABLE RIGHTS ISSUE OF UP TO 5,990,975,598 ORDINARY SHARES IN PEGASUS HEIGHTS BERHAD ("PEGASUS") ("PEGASUS SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 3,993,983,732 FREE DETACHABLE WARRANTS ("WARRANTS") AT AN ISSUE PRICE OF RM0.01 PER RIGHTS SHARE ON THE BASIS OF 3 RIGHTS SHARES AND 2 WARRANTS FOR EVERY 1 EXISTING PEGASUS SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 24 MAY 2019 ("RIGHTS ISSUE")
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “<Ex-Right Issue>” as from: 23 May 2019
2) The last date of lodgment : 24 May 2019
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct<3/4>, of Selling Price against the Selling Client
b) Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <3/4>, of the Transacted Price is applicable.
Remarks: The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form for the Rights Issue (collectively referred to as the "Documents"), will be despatched to the shareholders of Pegasus whose names appear in the Record of Depositors at 5.00 p.m. on 24 May 2019 at their registered address in Malaysia or who have provided the Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on 24 May 2019. The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any countries or jurisdictions other than the laws of Malaysia.
|Company Name||PEGASUS HEIGHTS BERHAD|
|Date Announced||09 May 2019|