NOVA MSC BERHAD
13 Feb 2020
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”)
Further to Reference No.ILC-13022020-00005,kindly be advised of the following :
1) The Right commence of trading : 27 February 2020 (Remain unchanged)
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 28February 2020 (Remain unchanged)
3) The last day and time for Acceptance, Renunciation and Payment : 12 March 2020 (Remain unchanged)
4) The Rights cessation quotation : 5 March 2020 (Remain unchanged)
The Stock Short Name, Number and ISIN Code NOVAMSC-PR (Remain unchanged), 0026PR (Remain unchanged) and MYQ0026PR003 (Instead of MYQ0026OO003 ).
Remarks:- 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.
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.
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