MICROLN
Rights Issue
| MICROLINK SOLUTIONS BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 536,198,080 NEW ORDINARY SHARES ("RIGHTS SHARES") IN MICROLINK SOLUTIONS BERHAD ("MICROLINK" OR "COMPANY") TOGETHER WITH UP TO 536,198,080 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RIGHTS SHARE WITH 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF MICROLINK, AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE AS AT 5.00 P.M. ON 30 JUNE 2025 ("RIGHTS ISSUE WITH WARRANTS") |
| Ex-Date | 26 Jun 2025 |
| Entitlement date | 30 Jun 2025 |
| 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 | 30 Jun 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 | Malaysian Ringgit (MYR) 0.1600 |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | MICROLINK SOLUTIONS BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 2.0000 |
| Rights Crediting Date | 30 Jun 2025 |
| 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 : |
The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form for the Rights Issue with Warrants (collectively, the "Documents") will be despatched to the entitled shareholders whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 30 June 2025 (''Entitled Shareholders'') and who have an address in Malaysia or who have provided the Company's Special Share Registrar, ShareWorks Sdn Bhd, with an address in Malaysia in writing by 5.00 p.m. on 30 June 2025.
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 and 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.
The Documents will not be sent to foreign Entitled Shareholders and/or their renouncees/transferees (if applicable) who do not have a registered address in Malaysia. However, such foreign Entitled Shareholders and/or their renouncees/transferees (if applicable) may collect the Documents from the Company's Special Share Registrar, in which event, the Company's Special Share Registrar shall be entitled to request for such evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the aforesaid documents.
This announcement is dated 13 June 2025. |
Announcement Info
| Company Name | MICROLINK SOLUTIONS BERHAD |
| Stock Name | MICROLN |
| Date Announced | 13 Jun 2025 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-06062025-00001 |
| Corporate Action ID | MY250606RHDI0001 |