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Important Relevant Dates for Renounceable Rights

INDUSTRONICS BERHAD

Entitlement subject Important Relevant Dates for Renounceable Rights
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 875,060,548 NEW ORDINARY SHARES IN INDUSTRONICS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 23 DECEMBER 2022 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 656,295,411 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Despatch Date 28 Dec 2022
Date for commencement of trading of rights 27 Dec 2022
Date for cessation of trading of rights 04 Jan 2023
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 16 Jan 2023
Last date and time for :
Sale of provisional allotment of rights 03 Jan 2023 05:00 PM
Transfer of provisional allotment of rights 05 Jan 2023 04:30 PM
Acceptance and Payment 11 Jan 2023 05:00 PM
Excess share application and payment 11 Jan 2023 05:00 PM
Available/Listing Date 27 Jan 2023
Rights Securities will be listed and quoted as the existing securities of the same class Yes
Other important dates as the listed issuer may deem appropriate
N/A
Entitlement Details
Company Name
INDUSTRONICS BERHAD
Entitlement Ordinary Shares
Ratio (New : Existing) 2.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0800
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 :
The last date and time for acceptance of and payment for the Rights Shares with Warrants as well as the last date and time for excess Rights Shares with Warrants applications and payments are as stated above.

This announcement is dated 9 December 2022


Announcement Info

Company Name INDUSTRONICS BERHAD
Stock Name ITRONIC
Date Announced 09 Dec 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-07122022-00004
Corporate Action ID MY221207EXRI0001



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