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Rights Issue

FITTERS DIVERSIFIED BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,862,402,877 NEW ORDINARY SHARES IN FITTERS DIVERSIFIED BERHAD ("FITTERS" OR THE "COMPANY") ("FITTERS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 1,241,601,918 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 17 MARCH 2023 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 16 Mar 2023
Entitlement date 17 Mar 2023
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 17 Mar 2023
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) 0.0650
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
FITTERS DIVERSIFIED BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 3.0000  : 1.0000
Rights Crediting Date 17 Mar 2023
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SECTRARS MANAGEMENT SDN BHD
Lot 9-7, Menara Sentral Vista
No. 150, Jalan Sultan Abdul Samad

Brickfields

50470 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0322766138
Fax:0322766131


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of FITTERS whose names appear in FITTERS' Record of Depositors as at 5.00 p.m. on 17 March 2023 ("Entitlement Date") ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Sectrars Management Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 17 March 2023.

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 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 and the Share Registrar, Sectrars Management Sdn Bhd, to effect the change of address by 5.00 p.m. on the Entitlement Date.

This announcement is dated 1 March 2023.


Announcement Info

Company Name FITTERS DIVERSIFIED BERHAD
Stock Name FITTERS
Date Announced 01 Mar 2023
Category Entitlement(Notice of Book Closure)
Reference Number ENT-01032023-00002
Corporate Action ID MY230301RHDI0001



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