Important Relevant Dates for Renounceable Rights

NOVA MSC BERHAD
12 Feb 2020

Entitlement subject Important Relevant Dates for Renounceable Rights
Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,094,173,136 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES (“RIGHTS ICPS”) IN NOVA MSC BERHAD (“NOVAMSC”) AT THE ISSUE PRICE OF RM0.01 PER RIGHTS ICPS ON THE BASIS OF 8 RIGHTS ICPS FOR EVERY 3 EXISTING ORDINARY SHARES IN NOVAMSC HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 26 FEBRUARY 2020 (“RIGHTS ISSUE”)
Despatch Date 28 Feb 2020
Date for commencement of trading of rights 27 Feb 2020
Date for cessation of trading of rights 05 Mar 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 19 Mar 2020
Last date and time for :
Sale of provisional allotment of rights 04 Mar 2020 05:00 PM
Transfer of provisional allotment of rights 06 Mar 2020 05:00 PM
Acceptance and Payment 12 Mar 2020 05:00 PM
Excess share application and payment 12 Mar 2020 05:00 PM
Available/Listing Date 26 Mar 2020
Rights Securities will be listed and quoted as the existing securities of the same class No
To specify the entitlement that the holders of the Rights Securities will not be entitled to The new NOVAMSC Shares to be allotted and issued pursuant to the conversion of the Rights ICPS shall not be entitled to any dividends, rights, allotments and/or other distributions in respect of which the entitlement date is prior to the date of allotment of such new NOVAMSC Shares.
Other important dates as the listed issuer may deem appropriate
Entitlement Details
Company Name NOVA MSC BERHAD
Entitlement Preference Shares
Ratio (New : Existing) 8.0000 : 3.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0100
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 Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form for the Rights Issue (collectively, the “Documents”) will only be despatched to the shareholders of NOVAMSC whose names appear in the Record of Depositors as at 5.00 p.m. on 26 February 2020 at their registered address in Malaysia or who have provided the Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on 26 February 2020.The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure the Rights Issue complies with the laws of any countries or jurisdictions other than the laws of Malaysia.

This announcement is dated 12 February 2020.