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Offer for Sale

Amended Announcements
Please refer to the earlier announcement reference number: ENT-18052021-00017

IGB BERHAD

Entitlement subject Offer for Sale
Type Non-renounceable
Entitlement description
RESTRICTED OFFERING OF UP TO 945,000,132 UNITS IN IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST ("IGB COMMERCIAL REIT") ("UNITS") COMPRISING: 

(A) 	RESTRICTED OFFER FOR SALE OF UP TO 378,000,053 UNITS ("ROFS UNITS") ON A NON-RENOUNCEABLE BASIS TO ENTITLED SHAREHOLDERS OF IGB BERHAD ("IGB") ON THE BASIS OF TWO (2) ROFS UNITS FOR EVERY FIVE (5) ORDINARY SHARES IN IGB HELD ON THE ENTITLEMENT DATE AT THE PRICE OF RM1.00 PER ROFS UNIT; AND
 
(B) 	DISTRIBUTION-IN-SPECIE OF UP TO 567,000,079 UNITS ("DIS UNITS") TO BE DISTRIBUTED ONLY TO ENTITLED SHAREHOLDERS OF IGB WHO HAVE SUBSCRIBED FOR THEIR ENTITLEMENTS TO THE ROFS UNITS ON THE BASIS OF THREE (3) DIS UNITS FOR EVERY TWO (2) ROFS UNITS SUBSCRIBED,

("RESTRICTED OFFERING").
Ex-Date 03 Jun 2021
Entitlement date 04 Jun 2021
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 04 Jun 2021
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
Par Value (if applicable)
Despatch Date
Date for announcement of final subscription result and basis of allotment of excess Rights Securities
Allow Excess Application No
Last Date and Time for
Acceptance and Payment 06 Jul 2021 05:00 PM
Available/Listing Date 30 Jul 2021
Entitlement indicator Ratio
Entitlement Details
Company Name
IGB Commercial Real Estate Investment Trust
Entitlement units
Ratio (New:Existing) 2.0000  : 5.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 1.0000
Fractional Entitlement Round Down / Fraction Disregard
Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)

Seksyen 13

46200 Petaling Jaya

Selangor

Malaysia

Tel:0378904700
Fax:0378904670


Remarks :
IGB 

LISTING OF IGB COMMERCIAL REIT ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING")

Reference is made to the announcements in relation to the Listing and the circular to shareholders of IGB dated 13 April 2021 ("Circular"). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Circular.

FOR THE AVOIDANCE OF DOUBT, THE ENTITLEMENT DATE AND TIME PREVIOUSLY ANNOUNCED, BEING 4 JUNE 2021 AT 5.00 P.M., REMAIN UNCHANGED.

The last date and time for acceptance and payment as well as the listing date set out above are tentative only and may be subject to change. An announcement on the timetable for the Listing will be made in due course. 

The ROFS is non-renounceable and non-tradeable, and are to be offered solely based on the contents of the Prospectus to be issued by IGB Commercial REIT. Entitled Shareholders (as defined herein) may fully or partially subscribe for their entitlement to the ROFS Units and will be entitled to receive the corresponding DIS Units. Further details on the Restricted Offering are set out in the Prospectus which will be despatched to the shareholders of IGB in due course.

The Prospectus together with the accompanying Offer Acceptance Form as well as the Notice of Provisional Offer (collectively, the "Documents") will be despatched to the entitled shareholders whose names appear in the Record of Depositors ("ROD") of IGB as at 5.00 p.m. on 4 June 2021 ("Entitled Shareholders") at their addresses in Malaysia as shown in the ROD or at their addresses in Malaysia provided by them by 5.00 p.m. on 4 June 2021 to Bursa Depository. An Entitled Shareholder may only exercise his/her/its rights in respect of the Restricted Offering to the extent that it would be lawful to do so.

The Documents are not intended to be and will not be issued, circulated or distributed in any jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Restricted Offering and the Documents comply with the laws of any countries or jurisdictions other than Malaysia.


This announcement is dated 2 June 2021.


Announcement Info

Company Name IGB BERHAD
Stock Name IGBB
Date Announced 02 Jun 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-02062021-00004
Corporate Action ID MY210518PRIO0001




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