Requirements relating to a rights issue

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6.23

When is the share registrar required to submit the Provisional Allotment Letter (β€œPAL”) to Bursa Depository for the Rights to be processed under SPEEDS?
​For share registrars located within Klang Valley, the PAL must reach Bursa Depository by 5.30 p.m. on the BCD and in respect of outstation share registrars, the new certificates and PAL must be faxed to Bursa Depository by 5.30 p.m. on the BCD before being delivered to Bursa Depository.