Rights::Voluntary

Issuer & Securities

Issuer/ Manager
MATEX INTERNATIONAL LIMITED
Security
MATEX INTERNATIONAL LIMITED - SG1P13916389 - M15

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
30-Oct-2020 19:58:51
Status
New
Corporate Action Reference
SG201030RHDIAZLW
Submitted By (Co./ Ind. Name)
DR. TAN PANG KEE
Designation
CHIEF EXECUTIVE OFFICER/MANAGING DIRECTOR
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
31/12/2020
Foreign Shareholder Eligibility
No
Attachment for Intent
Matex Right Issue Announcement.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextProposed Renounceable Non-Underwritten Rights Issue. Please refer to the attachment.
Additional TextThis announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor") in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist (the "Catalist Rules").
Additional TextThis announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
Additional TextThe contact person for the Sponsor is Mr Jason Chian, Managing Director, Investment Banking, CIMB Bank Berhad, Singapore Branch. The contact particulars are 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 6337 5115.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
5
Rights Security Distribution Ratio- Rights Security
2

Option Exercise

Issue Price (Per Rights)
SGD 0.027
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1P13916389MATEX INTERNATIONAL LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements