Renounceable rights issue of up to 31,908,101 new ordinary shares in HSS Engineers Berhad ("HEB") ("Rights Shares") on the basis of one (1) Rights Share for every ten (10) existing ordinary shares in HEB ("HEB Shares") held as at 5.00 p.m. on 21 February 2018 at an issue price of RM1.30 per Rights Share, together with a bonus issue of up to 15,954,050 new HEB Shares ("Bonus Shares") on the basis of one (1) Bonus Share for every two (2) Rights Shares subscribed and up to 47,862,151 free detachable warrants (Warrants) on the basis of three (3) Warrants for every two (2) Rights Shares subscribed.

Kindly be advised of the following :

1)    The Right commence of trading : 22 Feb 2018
2)    The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 23 Feb 2018
3)    The last day and time for Acceptance, Renunciation and Payment : 8 Mar 2018
4)    The Rights cessation quotation : 1 Mar 2018

The Stock Short Name, Number and ISIN Code HSSEB-OR, 0185OR and MYQ0185OR000

Remarks: The abridged prospectus together with the notice of provisional allotment and the rights subscription form for the Rights with Bonus Issue and Warrants (collectively, the "Documents") will only be despatched to the shareholders of HEB who have a registered address in Malaysia and whose names appear in the Records of Depositors at 5.00 p.m. on 21 February 2018 ("Entitled Shareholders"). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or Tricor Investor & Issuing House Services Sdn Bhd, being the Registrar for the Rights Issue of Shares, to effect the change of address by 21 February 2018. The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue of Shares or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia.

Announcement Info