INSAS PR oh INSAS PR

IF you have 5 biji or 5000 share of INSAS before 23 JAN 2015,

you are entitled for 1 RPS with two warrants.

INSAS PR will be listed in BURSA on 28 JAN 2015.

You need to pay RM 1 k for every 1 RPS subscribe.

INSAS - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q :  72297 OF  2015

RENOUNCEABLE RIGHTS ISSUE OF UP TO 138,666,727 REDEEMABLE PREFERENCE SHARES OF

RM0.01 EACH ("RPS") IN INSAS BERHAD ("INSAS") TOGETHER WITH UP TO 277,333,454

FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) RPS TOGETHER WITH

TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH

HELD IN INSAS, SUBSCRIBED AT 5.00 P.M. ON 27 JANUARY 2015 AT AN ISSUE PRICE OF

RM1.00 PER RPS PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS").

Kindly be advised of the following :

1)  The above Company's securities will be traded and quoted [ "Ex - Rights

Issue" ]

as  from : [ 23 January 2015 ]

2)  The last date of lodgement : [ 27 January 2015 ]

3)  Retention Money :  Where securities are not delivered in time for

registration by the seller, then the brokers concerned :-

a)  Selling Broker to deduct [ 1/6 ] , of the Selling Price against the

Selling Client.

b)  Buying Broker to deduct [ 10% ] of the Purchase Price against the

Buying Client.

c)  Between Broker and Broker, the deduction of [ 1/6 ] of the Transacted

Price is applicable.

MANAGER, SEC. MARKET

15/01/2015 07:00 AM

INSAS - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q :  72299 OF  2015

RENOUNCEABLE RIGHTS ISSUE OF UP TO 138,666,727 REDEEMABLE PREFERENCE SHARES OF

RM0.01 EACH ("RPS") IN INSAS BERHAD ("INSAS") TOGETHER WITH UP TO 277,333,454

FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) RPS TOGETHER WITH

TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH

HELD IN INSAS, SUBSCRIBED AT 5.00 P.M. ON 27 JANUARY 2015 AT AN ISSUE PRICE OF

RM1.00 PER RPS PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS").

Kindly be advised of the following :

1)  The Rights commence of trading : [ 28 January 2015 ]

2)  The Date of Despatch of the Prospectus and Provisional Allotment Letter of

Offer :

[ 29 January 2015 ]

3)  The last day and time for Acceptance, Renunciation and Payment :

[ 13 February 2015 @ 5:00pm ]

4)  The Rights cease quotation : [ 6 February 2015 ]

The Stock Short Name, Number and ISIN Code [ INSAS-PR, 3379PR and MYL3379PR004

] respectively.

MANAGER, SEC. MARKET

15/01/2015 07:00 AM

2 comments

Balas

January 30, 2015 at 9:38 PM

Hi, mind to explain further on below? does this refer to selling brokerages?

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

a) Selling Broker to deduct [ 1/6 ] , of the Selling Price against the Selling Client.

January 30, 2015 at 9:47 PM

Appreciate if you could enlighten me.

I have been allotted 1000 Insas-PRS into my CDS account. If I don't accept the RPS by paying RM1 for every PRS allotted to me, can I sell all the RPS in my account without needing to pay a cent?

Presume PRS is RM0.22, so if I sell all, would i get RM220? any money to be deducted for whatever brokerages or taxes?

INSAS PR oh INSAS PR

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2 comments