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