Thursday, 6 September 2012

How to Subscribe the Rights Issues 如何认购附加股

Steps to subscribe/accept/apply the Right Issues:

After ex-date of right issues, shareholder will receive NOTICE OF PROVISIONAL ALLOTMENT together with RIGHTS SUBSCRIPTION FORM (RSF). If you wish to subscribe/accept/apply the right issues, 

1. fill up the RIGHTS SUBSCRIPTION FORM (RSF)
PART I : ACCEPTANCE OF PROVISIONAL ALLOTMENT: fill up with NUMBER OF RIGHTS SHARE ACCEPTED, TOTAL AMOUNT PAYABLE PER RIGHTS SHARE (RM) and CDS ACCOUNT NO.

PART II - APPLICATION FOR EXCESS RIGHTS SHARES APPLIED, fill up with NUMBER OF EXCESS RIGHTS SHARES APPLIED, TOTAL AMOUNT PAYABLE PER EXCESS RIGHTS SHARE (RM) and CDS ACCOUNT NO.

and other details such as Banker’s Draft/ Cashier’s Order/ Money Order/ Postal Order No., amount and etc as requested.

Note: On the 1st page of NOTICE OF PROVISIONAL ALLOTMENT, it will stated No. of Shares Held, No. of Rights Shares Provisionally Allotted to You and Amount Payable in Full Upon Acceptance. It also stated Important Relevant Dates and Time

PART III - DECLARATION, fill up details such as NAME AND ADDRESS OF APPLICANT, IC NO., RACE, NATIONALITY AND SIGNATURE.

2. Attach RM10 "Revenue Stamp" (not the normal Postage Stamp) on the right top corner of the form.

Note: "Revenue Stamp" can be purchased through post office counter.

3. Enclosed the RSF with Banker’s Draft/ Cashier’s Order/ Money Order/ Postal Order No. 
-For example, lets say using Postal Order and your amount of rights shares subscribed is 30 units, the amount to be paid is RM30 (amount of rights shares subscribed) + RM0.50 (charges of Postal Order).
- Write down the correct PAYEE NAME on the Postal Order by referring to the RSF. At the reverse side, write down your name, IC No., address, purpose of sending and account no. 


4. After complete the RSF with affix Revenue Stamp and enclose the remittance, you can now deliver. You can using normal post by affix the normal stamp or Pos Express to ensure the arrival of document on the next working day. 

Kindly note that:

a). If you apply for additional/excess Rights Shares, please complete Part II of the form and forward the RSF with a separate remittance made in RM (note that the PAYEE NAME may differ by referring to the RSF) for the full amount payable for the Excess Rights Shares applied. 

The Excess Rights Shares is allotted on a fair, equitable and on a pro-rata basis.and to avoid incidence of odd lots.

b). If you refuse to accept the rights shares units, you can sell the provisional allotment of rights, just like the normal trading way. Refer to the last date for sale on the notice page, Important Relevant Dates and Time.

c). If you are not the shareholder but wish to subscribe the rights issues, you can buy the shares OR from stock market, just the case that you are not entitle to subscribe the excess rights units. Steps to subscribe the rights units is same as step 1-4.

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