Company announcements: ASIABIO

ASIABIO - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)

Company Name	ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market)
Stock Name	ASIABIO
Date Announced	13 Mar 2014
Category	Entitlements (Notice of Book Closure)
Reference No	OS-140310-62712

EX-date	26/03/2014
Entitlement date	28/03/2014
Entitlement time	05:00:00 PM
Entitlement subject	Rights Issue
Entitlement description	RENOUNCEABLE RIGHTS ISSUE OF UP TO 420,200,000 NEW ORDINARY SHARES OF RM0.10 EACH IN ASIA BIOENERGY TECHNOLOGIES BERHAD ("ASIABIO")(“RIGHTS SHARES”) TOGETHER WITH UP TO 420,200,000 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN ASIABIO TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED IN ASIABIO AT 5.00 P.M. ON 28 MARCH 2014 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")
Period of interest payment	to
Financial Year End
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Telephone number: 03-2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	28/03/2014
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)	420200000
Entitlement indicator	Ratio
Ratio	1 : 1
Rights Issues/Offer Price	0.1

Remarks :

Shareholders' approval for the Rights Issue with Warrants was obtained on 28 February 2014. The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue with Warrants will be despatched on 1 April 2014 to the entitled shareholders of ASIABIO whose names appear on the Record of Depositors of ASIABIO on 28 March 2014. The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of ASIABIO: (i) who do not have a registered address in Malaysia in the Record of Depositors; or (ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 28 March 2014, being the entitlement date for the Rights Issue with Warrants. This announcement is dated 13 March 2014.

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