SIGN
Offer for Sale
SIGNATURE INTERNATIONAL BERHAD |
Entitlement subject | Offer for Sale |
Type | Non-renounceable |
Entitlement description | Restricted offering of 20,000,000 Issue Shares in SAG to the Entitled Shareholders of SIB in conjunction with the listing of SAG on the ACE Market of Bursa Malaysia Securities Berhad |
Ex-Date | 28 Apr 2025 |
Entitlement date | 29 Apr 2025 |
Entitlement time | 05:00 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 | 29 Apr 2025 |
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 | |
Par Value (if applicable) | |
Despatch Date | |
Date for announcement of final subscription result and basis of allotment of excess Rights Securities | |
Allow Excess Application | Yes |
Last Date and Time for | |
Acceptance and Payment | 15 May 2025 05:00 PM |
Excess Share Application and Payment | 15 May 2025 05:00 PM |
Excess Application Period | 06 May 2025 to 15 May 2025 |
Available/Listing Date | 27 May 2025 |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | SIGNATURE ALLIANCE GROUP BERHAD |
Entitlement | Ordinary Shares |
Ratio (New:Existing) | 0.0000 : 0.0000 |
Rights Issue / Offer Price | Malaysian Ringgit (MYR) 0.6200 |
Fractional Entitlement | Round Down / Fraction Disregard |
Registrar or Service Provider name, address, telephone no |
TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
Remarks : |
Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Company's announcements dated 26 August 2024, 27 September 2024, 30 September 2024 and 24 January 2025 in relation to the Listing ("Announcements"). 20,000,000 Issue Shares, representing 2.0% of the enlarged share capital of SAG, are reserved for application by the Entitled Shareholders of SIB under the Restricted Offering in the following manner: (i) each Entitled Shareholder of SIB who applies for at least 100 Issue Shares is guaranteed an allocation of 100 Issue Shares; (ii) any balance Issue Shares after the allocation under item (i) above shall be allocated to the Entitled Shareholders of SIB who applied in excess of 100 Issue Shares on a pro-rata basis, computed based on their respective shareholdings in SIB as at the Entitlement Date. For clarification, the allocation under item (ii) prioritises the Entitled Shareholders of SIB in proportion of their shareholdings held in SIB; and (iii) any balance Issue Shares after the allocation under items (i) and (ii) above shall be allocated to the Entitled Shareholders of SIB on a pro-rata basis, computed based on the quantum of their respective Issue Shares under application. For clarification, the allocation under item (iii) distributes balance Issue Shares from item (ii) above to remaining applicants for excess Issue Shares in proportion to the size of their application. In the event there are any balance Issue Shares under the Restricted Offering after the above sequence of processes (i) to (iii) of allocations are completed, the balance Issue Shares subsequently will be allocated in the processes set out in (ii) to (iii) above repeatedly until all Issue Shares are allocated. Any fractional entitlements and odd lots arising from the Restricted Offering shall be disregarded and rounded down to the nearest board lot, and the aggregate of such fractions and such odd lots will be dealt with in such manner or on such terms as the board of directors of SAG may deem fit and expedient in the best interest of SAG. Nevertheless, the board of directors of SAG reserves the right to allot any balance Issue Shares applied for in such manner as the board of directors of SAG deems fit and expedient as well as in the best interest of SAG, subject always to such allocation being made on a fair and equitable basis. The entitlement of the Entitled Shareholders of SIB to participate in the Restricted Offering is non-renounceable and non-tradable. Entitled Shareholders of SIB are not allowed to submit multiple applications for the Issue Shares made available under the Restricted Offering and the board of directors of SAG has the absolute discretion to reject multiple applications. The Restricted Offering does not preclude the Entitled Shareholders of SIB from making additional applications for the Issue Shares made available under the Malaysian Public category. |
Announcement Info
Company Name | SIGNATURE INTERNATIONAL BERHAD |
Stock Name | SIGN |
Date Announced | 15 Apr 2025 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-14042025-00005 |
Corporate Action ID | MY250414PRIO0001 |