Thursday, October 17, 2013

SUMATEC Resources Bhd - Ex for Right Issue !

Renounceable RIGHTS ISSUE of up to 2,722,220,957 new ordinary shares of RM0.14 each in Sumatec Resources Bhd together with 680,555,239 free detachable warrants on the basis of FORTY-ONE (41) RIGHTS SHARES for every TEN (10) existing ordinary shares of RM0.14 each in Sumatec together with ONE (1) WARRANT for every FOUR (4) RIGHTS SHARES subscribed at an issue price of RM0.175 per rights share payable in full upon acceptance.

Other important dates as follow:

1) The Rights commence of trading = [ 22 October 2013 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer = [ 23 October 2013 ]

3) The last day and time for Acceptance, Renunciation and Payment = [ 6 November 2013 @ 5:00pm ]

4) The Rights cease quotation = [ 29 October 2013 ]

The Stock Short Name, Number and ISIN Code [ SUMATEC-OR, 1201OR and MYL1201OR005 ] respectively.

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