Title/Description | Renounceable rights issue of up to 51,589,369 new ordinary shares in ELK-Desa Resources Berhad ("ELK-Desa") ("ELK-Desa Share(s)") ("Rights Share(s)") at an issue price of RM1.16 per Rights Share on the basis of one (1) Rights Share for every five (5) existing ELK-Desa Shares held as at 5.00 p.m. on 8 August 2017 ("Rights Issue") |
Despatch date | 10 Aug 2017 |
Date for commencement of trading of rights | 09 Aug 2017 |
Date for cessation of trading of rights | 16 Aug 2017 |
Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 30 Aug 2017 |
Listing Date of the Rights Securities | 08 Sep 2017 |
Last date and time for | Date | Time | |
Sale of provisional allotment of rights | 15 Aug 2017 |
at
|
05:00:00 PM |
Transfer of provisional allotment of rights | 18 Aug 2017 |
at
|
04:00:00 PM |
Acceptance and payment | 23 Aug 2017 |
at
|
05:00:00 PM |
Excess share application and payment | 23 Aug 2017 |
at
|
05:00:00 PM |
Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
Other important dates as the listed issuer may deem appropriate |
Remarks : |
The last date and time for acceptance and payment as well as the last date and time for excess application and payment may be extended as the Board of Directors of the Company may determine and announce less than two (2) market days before the stipulated date and time. |
Company Name | ELK-DESA RESOURCES BERHAD |
Stock Name | ELKDESA |
Date Announced | 25 Jul 2017 |
Category | Important Relevant Dates for Renounceable Rights |
Reference Number | TOR-21072017-00001 |