Rights Issue
| M N C WIRELESS BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 750,631,428 NEW ORDINARY SHARES IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("MNC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE, TOGETHER WITH UP TO 250,210,476 FREE DETACHABLE WARRANTS IN MNC ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT D FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF MNC AT 5.00 P.M. ON 15 APRIL 2026 ("RIGHTS ISSUE WITH WARRANTS") |
| Ex-Date | 14 Apr 2026 |
| Entitlement date | 15 Apr 2026 |
| 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 | 15 Apr 2026 |
| 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) 0.0400 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | M N C WIRELESS BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 3.0000 : 1.0000 |
| Rights Crediting Date | 15 Apr 2026 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
This Abridged Prospectus, together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents"), will be despatched only to our Entitled Shareholders whose names appear in our Record of Depositors as at 5.00 p.m. on 15 April 2026 at their registered address in Malaysia or who have provided our Share Registrar with a registered address in Malaysia in writing by 5.00 p.m. on 15 April 2026. 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. 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. This announcement is dated 27 March 2026. |
Announcement Info
| Company Name | M N C WIRELESS BERHAD |
| Stock Name | MNC |
| Date Announced | 27 Mar 2026 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-26032026-00008 |
| Corporate Action ID | MY260326RHDI0001 |