HANDAL - NOTICE OF BOOK CLOSURE
LISTING'S CIRCULAR NO. L/Q : 60373 OF 2011
(i) Renounceable rights issue of 60,000,000 new ordinary shares of RM0.50 each in Handal Resources Berhad at an issue price of RM0.52 per Rights Share together with 60,000,000 new free detachable warrants (“Warrant(s)”) on the basis of 2 Rights Shares and 2 free Warrants for every 3 existing ordinary shares of RM0.50 each in Handal as at 5.00 p.m. on 10 March 2011 payable in full upon acceptance (“Rights Issue”); and
(ii) Bonus issue of 10,000,000 Handal Shares (“Bonus Share(s)”) on the basis of 1 Bonus Share for every 6 Rights Shares subscribed by the existing shareholders of Handal and/or their renouncees pursuant to the Rights Issue (“Bonus Issue”);(collectively known as the “Corporate Exercises”).
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - All" ]
as from : [ 8 March 2011 ]
2) The last date of lodgement : [ 10 March 2011 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 7/16 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 16.25% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 7/16 ] of the Transacted Price is applicable.
|Company Name||HANDAL RESOURCES BERHAD |
|Stock Name ||HANDAL
|Date Announced||2 Mar 2011 |
|Reference No||AI-110301-43562 |