Important Relevant Dates for Renounceable Rights

SUNWAY BERHAD

Entitlement subject Important Relevant Dates for Renounceable Rights
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,112,777,962 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS") IN SUNWAY BERHAD ("SUNWAY") AT AN ISSUE PRICE OF RM1.00 PER ICPS ON THE BASIS OF ONE ICPS FOR EVERY FIVE EXISTING ORDINARY SHARES IN SUNWAY HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 NOVEMBER 2020 ("RIGHTS ISSUE OF ICPS")
Despatch Date 10 Nov 2020
Date for commencement of trading of rights 09 Nov 2020
Date for cessation of trading of rights 19 Nov 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 02 Dec 2020
Last date and time for :
Sale of provisional allotment of rights 18 Nov 2020 05:00 PM
Transfer of provisional allotment of rights 20 Nov 2020 04:30 PM
Acceptance and Payment 26 Nov 2020 05:00 PM
Excess share application and payment 26 Nov 2020 05:00 PM
Available/Listing Date 08 Dec 2020
Rights Securities will be listed and quoted as the existing securities of the same class No
To specify the entitlement that the holders of the Rights Securities will not be entitled to
The ICPS are unsecured and shall upon allotment and issue, rank equally amongst themselves and shall rank in priority to any other class of ordinary shares in the capital of our Company but shall rank behind all secured and unsecured obligations of our Company, except that they:
(i) will not be entitled to any rights, allotments and/or other distributions that may be declared by our Company in respect of the ordinary shares; and
(ii) carry no right to vote at any general meeting of our Company save for the voting rights for circumstances where the dividend or part of the dividend payable on the ICPS is in arrears for more than 12 months, any resolution which varies or is deemed to vary the rights and privileges attaching to the ICPS, any resolution for the winding-up of our Company, and other circumstances as may be provided under law and applicable to preference shares and/or preference shareholders from time to time.
Other important dates as the listed issuer may deem appropriate
Entitlement Details
Company Name
SUNWAY BERHAD
Entitlement Preference Shares
Ratio (New : Existing) 1.0000 : 5.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 1.0000
Fractional Entitlement Round Down / Fraction Disregard
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the "Documents") are despatched only to shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 6 November 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided our Share Registrar for the Rights Issue of ICPS with a registered address in Malaysia in writing by 5.00 p.m. on 6 November 2020.

The Documents are not intended to and will not be made to comply with the laws of any jurisdiction other than Malaysia and are not intended to be and will not be issued, circulated or distributed in jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of ICPS complies with the laws of any jurisdiction other than the laws of Malaysia. 

Acceptance of and payment for the Provisional Allotments and Excess ICPS Applications of the Rights Issue of ICPS must be made on the Rights Subscription Form or by way of e-Subscription which is available at https://tiih.online. ("TIIH Online"), a website of our Share Registrar for the Rights Issue of ICPS, Tricor Investor & Issuing House Services Sdn Bhd. All our shareholders with a registered address in Malaysia are encouraged to register as a user of TIIH Online in order to subscribe for the Rights Issue of ICPS electronically. Kindly log on to TIIH Online for information on how to register as a new user. Electronic notification in the form of email will be sent to Entitled Shareholders who are registered users of TIIH Online within two market days after the BCD.

This announcement is dated 22 October 2020.


Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 22 Oct 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-21102020-00004
Corporate Action ID MY201021EXRI0001