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FAQ 6.22

Requirements relating to a rights issue

6.22

Is the listed corporation required to submit any document to Bursa Depository before the BCD for the purpose of processing the Rights under SPEEDS?

The listed corporation must submit an undertaking letter in the prescribed format to Bursa Depository on the announcement date of the BCD for the Rights to be processed under SPEEDS. The undertaking letter must include the following:

​(a)The current issued and paid up capital of the listed corporation;
​(b)Designated CDS account for the crediting of fractional shares /rights;
​(c)Options on the allotment of fractional rights; and
​(d)An undertaking that the new share certificates will be submitted to Bursa Depository on the BCD