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Rights Issue

KANGER INTERNATIONAL BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 27 Aug 2021
Entitlement date 30 Aug 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 30 Aug 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 Malaysian Ringgit (MYR) 0.0600
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
KANGER INTERNATIONAL BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 1.0000  : 1.0000
Rights Crediting Date 30 Aug 2021
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SHAREWORKS SDN BHD
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas

50480 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0362011120
Fax:0362013121


Remarks :
The abridged prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form relating to the Rights Issue with Warrants (collectively referred to as 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 Monday, 30 August 2021 ("Entitlement Date") ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, ShareWorks Sdn Bhd, with an address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or the Share Registrar, ShareWorks Sdn Bhd, to effect the change of address by the Entitlement Date.

The Documents are not intended to be (and will not be) issued, circulated, distributed in any countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue with Warrants and the Documents comply with the law of any countries or jurisdictions other than the laws of Malaysia.

This announcement is dated 16 August 2021.


Announcement Info

Company Name KANGER INTERNATIONAL BERHAD
Stock Name KANGER
Date Announced 16 Aug 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-13082021-00005
Corporate Action ID MY210813RHDI0001




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