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FOCUS - Notice of Rights Entitlement (Ratio)

FOCUS DYNAMICS GROUP BERHAD

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,044,266,157 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN FOCUS DYNAMICS GROUP BERHAD (''FOCUS'' OR THE ''COMPANY'') (''ICPS'') AT AN ISSUE PRICE OF RM0.055 PER ICPS TOGETHER WITH UP TO 3,066,399,235 FREE DETACHABLE WARRANTS IN FOCUS (''WARRANTS D'') ON THE BASIS OF 2 ICPS TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 6 EXISTING ORDINARY SHARES IN FOCUS HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 4 NOVEMBER 2020
 

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “Ex- Right Issue” as from: 3 Nov 2020
2)    The last date of lodgment : 4 Nov 2020
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
       a)    Selling Broker to deduct<1/4>, of Selling Price against the Selling Client
       b)    Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
       c)    Between Broker and Broker, the deduction of <1/4>, , of the Transacted Price is applicable.

 


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue of ICPS with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 4 November 2020 (''Entitled Shareholders'') and who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 4 November 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 and no action has been or will be taken to ensure that the Rights Issue of ICPS 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 to effect the change of address by 5.00 p.m. on 4 November 2020.

 


Announcement Info

Company Name FOCUS DYNAMICS GROUP BERHAD
Stock Name FOCUS
Date Announced 21 Oct 2020
Category Listing Circular
Reference Number ILC-21102020-00004


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