Share Exchange (Without Election)
| TOYO INK GROUP BERHAD |
| Entitlement subject | Share Exchange (Without Election) |
| Entitlement description | ENTITLEMENT DATE FOR THE EXCHANGE OF ALL ORDINARY SHARES IN TOYO INK GROUP BERHAD ("TIGB") ("TIGB SHARES") AND ALL WARRANTS IN TIGB ("TIGB WARRANTS") WITH NEW ORDINARY SHARES IN TOYO VENTURES HOLDINGS BERHAD ("TVHB") AND NEW WARRANTS IN TVHB, VIA A SCHEME OF ARRANGEMENT UNDER SECTION 366 OF THE COMPANIES ACT, 2016 ON A ONE-FOR-ONE BASIS ("SECURITIES EXCHANGE") |
| Last Trading Date | 14 Oct 2020 |
| Ex-Date | 15 Oct 2020 |
| Entitlement date | 16 Oct 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Jun 2021 |
| 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 | 16 Oct 2020 |
| 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. | |
| Mode of Exchange | Securities |
| Securities Entitlement | |
| Company Name |
TOYO INK GROUP BERHAD - WARRANTS 2018/2023 |
| Issue Price per Unit | |
| Ratio (New:Existing) | 1.0000 : 1.0000 |
| Securities Crediting Date | |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
INSURBAN CORPORATE SERVICES SDN BHD 149 Jalan Aminuddin Baki Taman Tun Dr Ismail 60000 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0377295529 Fax:0377285948 |
| Remarks : |
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the explanatory statement/circular to shareholders and warrant holders dated 15 June 2020 unless otherwise stated. This announcement is made by KAF IB on behalf of TIGB. The shareholders and warrant holders of TIGB whose names appears on the Record of Depositors of TIGB at the close of business on Friday, 16 October 2020, shall be entitled to participate in the Securities Exchange. In order to facilitate the Securities Exchange, the trading of TIGB Shares and TIGB Warrants on the Main Market of Bursa Securities will be suspended from 9.00 a.m. on Thursday, 15 October 2020, based on the T+2 settlement cycle. Accordingly, the last day of trading of TIGB Shares and TIGB Warrants on the Main Market of Bursa Securities shall be at 5.00 p.m. on Wednesday, 14 October 2020. The suspension of trading of TIGB Shares and TIGB Warrants will continue until the admission of TVHB to the Official List of Bursa Securities and the listing and quotation for the new TVHB Shares and TVHB Warrants to be issued under the Securities Exchange on the Main Market of Bursa Securities. A notice to the shareholders and warrant holders of TIGB in relation to the Entitlement Date for the Securities Exchange will be despatched to the shareholders of TIGB on Friday, 2 October 2020. This announcement is dated 1 October 2020. |
Announcement Info
| Company Name | TOYO INK GROUP BERHAD |
| Stock Name | TOYOINK-WB |
| Date Announced | 01 Oct 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-01102020-00007 |
| Corporate Action ID | MY201001EXOF0002 |