Bursa Announcements

ELKDESA - Notice Of Rights Entitlement

BackJul 26, 2017

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").

Kindly be advised of the following :

1)    The Right commence of trading : 9 Aug 2017
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 10 Aug 2017
3)    The last day and time for Acceptance, Renunciation and Payment : 23 Aug 2017
4)    The Rights cessation quotation : 16 Aug 2017

The Stock Short Name, Number and ISIN Code ELKDESA-OR, 5228OR and MYL5228OR004

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.

 

Announcement Info

Company Name ELK-DESA RESOURCES BERHAD
Stock Name ELKDESA
Date Announced 26 Jul 2017
Category Listing Circular
Reference Number ILC-26072017-00004