Rights Issue

GREEN OCEAN CORPORATION BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS IN GREEN OCEAN ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 01 Dec 2020
Entitlement date 02 Dec 2020
Entitlement time 5:00 PM
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 02 Dec 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.1000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
GREEN OCEAN CORPORATION BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 2.0000  : 1.0000
Rights Crediting Date 02 Dec 2020
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SHAREWORKS SDN BHD
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas

50480 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0362011120
Fax:0362013121


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will be despatched only to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 2 December 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 2 December 2020.

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

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers and the Share Registrar, ShareWorks Sdn Bhd to effect the change of address by 5.00 p.m. on 2 December 2020.

This announcement is dated 18 November 2020.


Announcement Info

Company Name GREEN OCEAN CORPORATION BERHAD
Stock Name GOCEAN
Date Announced 18 Nov 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-18112020-00009
Corporate Action ID MY201118RHDI0001