OTHERS DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN") RENOUNCEABLE RIGHTS ISSUE OF UP TO 202,804,406 NEW ORDINARY SHARES IN DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR THE "COMPANY") ("SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 152,103,304 FREE DETACHABLE WARRANTS ("WARRANTS-C") AT AN ISSUE PRICE OF RM0.085 PER RIGHTS SHARE, ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 WARRANTS-C FOR EVERY 3 CONSOLIDATED SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 OCTOBER 2023
| DOLPHIN INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 202,804,406 NEW ORDINARY SHARES IN DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR THE "COMPANY") ("SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 152,103,304 FREE DETACHABLE WARRANTS ("WARRANTS-C") AT AN ISSUE PRICE OF RM0.085 PER RIGHTS SHARE, ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 WARRANTS-C FOR EVERY 3 CONSOLIDATED SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 OCTOBER 2023 |
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Reference is made to the following:
(i) Dolphin’s announcement dated 19 September 2023 in respect of its notification to its shareholders of the entitlement date for the Rights Issue; and
(ii) Dolphin’s notice to its Warrants 2020/2023 (“Warrants-B”) holders dated 15 August 2023 in respect of the expiry of Warrants-B on 27 September 2023.
On behalf of the Board of Directors of Dolphin (“Board”), Mercury Securities Sdn Bhd wishes to inform that:
(i) the entitlement date for the Rights Issue has been fixed on 5 October 2023. Accordingly, Warrants-B holders who wish to be entitled for the Rights Issue should exercise their Warrants-B by lodging their duly completed Warrants-B exercise forms with the Share Registrar, Boardroom Share Registrars Sdn Bhd, on or before 5:00 p.m. on 21 September 2023. This is to enable their names to appear in Dolphin’s Record of Depositors by 5:00 p.m. on 5 October 2023; and
(ii) in view that the Warrants-B will expire on 27 September 2023, i.e. before the entitlement date for the Rights Issue of 5 October 2023, the exercise price and number of Warrants-B will not be adjusted pursuant to the Rights Issue. Accordingly, no notice of adjustments will be issued to the Warrants-B holders.
This announcement is dated 19 September 2023. |
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Announcement Info
| Company Name | DOLPHIN INTERNATIONAL BERHAD |
| Stock Name | DOLPHIN-WB |
| Date Announced | 19 Sep 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19092023-00057 |