REDTONE - Additional Listing Announcement
Announcement Type: Additional Listing Announcement (ALA)
Company Name: REDTONE INTERNATIONAL BERHAD (ACE Market)
Stock Name: REDTONE
Date Announced: 07/06/2010
Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No
Types of corporate proposal: Others
Details of corporate proposal: Conversion of Irredeemable Convertible Unsecured Loan Stocks 2010/2020 ("ICULS") to Ordinary Shares
No. of shares issued under this corporate proposal: 80,000
Issue price per share ($$): MYR 0.250
Par Value ($$): MYR 0.100
Units: 431,884,865
Currency: MYR 43,188,486.500
Listing Date: 08/06/2010
Company Name: REDTONE INTERNATIONAL BERHAD (ACE Market)
Stock Name: REDTONE
Date Announced: 07/06/2010
Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No
Types of corporate proposal: Others
Details of corporate proposal: Conversion of Irredeemable Convertible Unsecured Loan Stocks 2010/2020 ("ICULS") to Ordinary Shares
No. of shares issued under this corporate proposal: 80,000
Issue price per share ($$): MYR 0.250
Par Value ($$): MYR 0.100
Units: 431,884,865
Currency: MYR 43,188,486.500
Listing Date: 08/06/2010
TEJARI - Tejari Technologies Berhad ("the Company") - Notice of Extraordinary General Meeting ("EGM")
Announcement Type: General Announcement
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 07/06/2010
Announcement Detail:
Regularisation Sponsor: OSK Investment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: Tejari Technologies Berhad ("the Company")
- Notice of Extraordinary General Meeting ("EGM")
Contents: The EGM of the Company will be held at the Conference Room of the Company, 667 & 668 Mukim 13, Jalan Sungai Juru, Juru 14100 Bukit Mertajam on Tuesday 22 June 2010 at 10.00 a.m.
The notice of EGM advertised in the New Straits Times newspaper is attached herewith.
Attachments: Tejari_Notice of EGM.pdf
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 07/06/2010
Announcement Detail:
Regularisation Sponsor: OSK Investment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: Tejari Technologies Berhad ("the Company")
- Notice of Extraordinary General Meeting ("EGM")
Contents: The EGM of the Company will be held at the Conference Room of the Company, 667 & 668 Mukim 13, Jalan Sungai Juru, Juru 14100 Bukit Mertajam on Tuesday 22 June 2010 at 10.00 a.m.
The notice of EGM advertised in the New Straits Times newspaper is attached herewith.
Attachments: Tejari_Notice of EGM.pdf
UNISEM - UNISEM - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: UNISEM (M) BERHAD
Stock Name: UNISEM
Date Announced: 07/06/2010
Announcement Detail:
Subject: UNISEM - NOTICE OF BOOK CLOSURE
Contents: Final Dividend of 5% (or 2.5 sen per share) tax-exempt for the financial year ended 31 December 2009.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 16 July 2010 ]
2) The last date of lodgement : [ 20 July 2010 ]
3) Date Payable : [ 30 July 2010 ]
Company Name: UNISEM (M) BERHAD
Stock Name: UNISEM
Date Announced: 07/06/2010
Announcement Detail:
Subject: UNISEM - NOTICE OF BOOK CLOSURE
Contents: Final Dividend of 5% (or 2.5 sen per share) tax-exempt for the financial year ended 31 December 2009.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 16 July 2010 ]
2) The last date of lodgement : [ 20 July 2010 ]
3) Date Payable : [ 30 July 2010 ]
KSL - KSL - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: KSL HOLDINGS BERHAD
Stock Name: KSL
Date Announced: 07/06/2010
Announcement Detail:
Subject: KSL - NOTICE OF BOOK CLOSURE
Contents: First and Final Dividend of 10% less 25% tax.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 26 July 2010 ]
2) The last date of lodgement : [ 28 July 2010 ]
3) Date Payable : [ 25 August 2010 ]
Remarks :- The payment of the First and Final Dividend is subject to the approval of shareholders at the Tenth Annual General Meeting of KSL Holdings Berhad to be convened on 22 June 2010.
Company Name: KSL HOLDINGS BERHAD
Stock Name: KSL
Date Announced: 07/06/2010
Announcement Detail:
Subject: KSL - NOTICE OF BOOK CLOSURE
Contents: First and Final Dividend of 10% less 25% tax.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 26 July 2010 ]
2) The last date of lodgement : [ 28 July 2010 ]
3) Date Payable : [ 25 August 2010 ]
Remarks :- The payment of the First and Final Dividend is subject to the approval of shareholders at the Tenth Annual General Meeting of KSL Holdings Berhad to be convened on 22 June 2010.
PENERGY - PENERGY - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 07/06/2010
Announcement Detail:
Subject: PENERGY - NOTICE OF BOOK CLOSURE
Contents: A final single-tier exempt dividend of 1.0 sen per ordinary share of RM0.50 each.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 June 2010 ]
2) The last date of lodgement : [ 30 June 2010 ]
3) Date Payable : [ 27 July 2010 ]
Remarks :- The payment of the above final single-tier exempt dividend is subject to the approval of the shareholders of the Company at the forthcoming Fourth Annual General Meeting of the Company to be held on 29 June 2010.
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 07/06/2010
Announcement Detail:
Subject: PENERGY - NOTICE OF BOOK CLOSURE
Contents: A final single-tier exempt dividend of 1.0 sen per ordinary share of RM0.50 each.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 June 2010 ]
2) The last date of lodgement : [ 30 June 2010 ]
3) Date Payable : [ 27 July 2010 ]
Remarks :- The payment of the above final single-tier exempt dividend is subject to the approval of the shareholders of the Company at the forthcoming Fourth Annual General Meeting of the Company to be held on 29 June 2010.
MINTYE - ACQUISITION OF SHARES IN MINTYE METAL PRODUCTS SDN BHD ("MINTYE METAL") ("ACQUISITION")
Announcement Type: General Announcement
Company Name: MINTYE INDUSTRIES BHD
Stock Name: MINTYE
Date Announced: 07/06/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100602-68750
Subject: ACQUISITION OF SHARES IN MINTYE METAL PRODUCTS SDN BHD ("MINTYE METAL") ("ACQUISITION")
Contents: We refer to your letter dated 3 June 2010 and wish to reply as follows :
1. The equity interest held by Mintye Industries Bhd. ("MINTYE") in Mintye Metal are as follows :
Before acquisition = 769,991 shares equivalent to 77%
After acquisition = 849,992 shares equivalent to 85%
2. The Vendors are :
i) Wang Chin Khon - 50,000 shares
ii) Teng Sai Soh @ Teng Siew Leng - 30,001 shares
--------------
80,001 shares
==============
3. The Vendors are not directors, major shareholders or persons connected to the directors or major shareholders of MINTYE.
4. The principal activity of Mintye Metal are sheet metal stamping and fabrication of automotive and other component parts and acting as contract manufacturer.
Net assets as at 31/01/10 = RM12,720,738.00
===============
Net profit, after tax for the year ended 31/01/10 = RM290,400.00
Net profit for the year ended 31/01/09 = RM1,914,836.00
==============
5. Mintye Metal is already a subsidiary company of MINTYE and has been making profits all the years. Mr Wang Chin Khon who is reaching retiring age wishes to sell part of his shares (together with 30,001 shares from his spouse) so that he could have sufficient cash for his retirement. So MINTYE acquired it.
6. MINTYE acquired a further 80,001 shares in Mintye Metal making it a 85% subsidiary. Total liabilities which are current liabilities amounting to RM486,350/= as at 31/01/10 as per the audited account of Mintye Metal shall be settled by Mintye Metal in the normal course of business. There is no contingent liability or guarantee as at 31/01/10 as per the audited account of Mintye Metal.
7. Mr Yeo Ah Tee, Mr Yeo Kim Swee and Mr Yeo Kim Soon, Yatee Holdings Sdn Bhd and Yatee & Sons Sdn Bhd collectively hold 46.7526% in the share capital of MINTYE. Therefore the extent of the interest in the acquired 80,001 shares in Mintye Metal works out to 46.7526% = 37,403 shares in Mintye Metal.
8. MINTYE has not entered into any agreement in relation to the Acquisition.
9. Statement by Board of Directors
The Directors of the Company, having considered all aspects of the acquisition of the 80,001 shares in Mintye Metal, are of the opinion that the acquisition is in the best interest of MINTYE.
10. Mintye Metal, already a 77% owned subsidiary carried on the main business as sheet metal stamping and fabrication of automotive parts for supply mainly to MINTYE and is operating profitably in the past. The acquisition of a further 80,001 shares in Mintye Metal merely serve to increase MINTYE share of profit to be earned by Mintye Metal in future.
11. Mintye Metal already a 77% owned subsidiary and has been operating profitably in the past, the acquisition of a further 80,001 shares shall have very little risk, if any, within the foreseeable future.
12. The acquisition of the 80,001 shares for RM1,040,013/= is expected to be fully paid by one payment on 4th June 2010.
13. The percentage ratio applicable to the acquisition is 0.987% pursuant to Paragraph 10.02(g) of the Listing Requirements.
We trust you will find the above in order.
Yours truly
MINTYE INDUSTRIES BHD.
FOONG KAI MING
Company Secretary
Query Letter content: We refer to your Company's announcement dated 1 June 2010, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release :-
The equity interest held by Mintye Industries Berhad ("MINTYE") in Mintye
Products;
To specify the name of vendors with regard to the Acquisition;
To state whether the vendors is also the directors, major shareholders or
persons connected to them of MINTYE. If so, to state their shareholding in
MINTYE;
The principal activity of Mintye Products, inculding its net assets and net
profit/(loss) based on the latest audited accounts;
The rationale including any benefits which is expected to accrue to MINTYE
arising from the Acquisition;
Particulars of all liabilities, including the contingent liabilities and
guarantee to be assumed by MINTYE;
To state the nature and extent of the interest of the directors namely Mr Yeo
Ah Tee, Mr Yeo Kim Swee and Mr Yeo Kim Soon and substantial shareholders namely
Yatee Holdings Sdn Bhd and Yatee & Sons Sdn Bhd, in the Acquisition;
Whether MINTYE has entered into any agreement in relation to the Acquisition.
If so, to state the date of agreement and salient feature of agreement;
A statement by the board of directors, excluding the interested directors
stating whether the Acquisition is in the best interests of MINTYE, and where a
director disagree with such statement, a statement by the director setting out
the reasons and the factors taken into consideration in forming that opinion;
Prospects arising from the Acquisition;
The risk in relation to the Acquisition;
The estimated time frame to complete the Acquisition;
The highest percentage ratio applicable to the Acquisition pursuant to
paragraph 10.02(g) of the Listing Requirements ("LR");
Where applicable, additional information pursuant to Appendix 10C of the LR.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
HTH/NAE
c.c. General Manager & Head, Market Surveillance, Securities Commission (via
fax)
Company Name: MINTYE INDUSTRIES BHD
Stock Name: MINTYE
Date Announced: 07/06/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100602-68750
Subject: ACQUISITION OF SHARES IN MINTYE METAL PRODUCTS SDN BHD ("MINTYE METAL") ("ACQUISITION")
Contents: We refer to your letter dated 3 June 2010 and wish to reply as follows :
1. The equity interest held by Mintye Industries Bhd. ("MINTYE") in Mintye Metal are as follows :
Before acquisition = 769,991 shares equivalent to 77%
After acquisition = 849,992 shares equivalent to 85%
2. The Vendors are :
i) Wang Chin Khon - 50,000 shares
ii) Teng Sai Soh @ Teng Siew Leng - 30,001 shares
--------------
80,001 shares
==============
3. The Vendors are not directors, major shareholders or persons connected to the directors or major shareholders of MINTYE.
4. The principal activity of Mintye Metal are sheet metal stamping and fabrication of automotive and other component parts and acting as contract manufacturer.
Net assets as at 31/01/10 = RM12,720,738.00
===============
Net profit, after tax for the year ended 31/01/10 = RM290,400.00
Net profit for the year ended 31/01/09 = RM1,914,836.00
==============
5. Mintye Metal is already a subsidiary company of MINTYE and has been making profits all the years. Mr Wang Chin Khon who is reaching retiring age wishes to sell part of his shares (together with 30,001 shares from his spouse) so that he could have sufficient cash for his retirement. So MINTYE acquired it.
6. MINTYE acquired a further 80,001 shares in Mintye Metal making it a 85% subsidiary. Total liabilities which are current liabilities amounting to RM486,350/= as at 31/01/10 as per the audited account of Mintye Metal shall be settled by Mintye Metal in the normal course of business. There is no contingent liability or guarantee as at 31/01/10 as per the audited account of Mintye Metal.
7. Mr Yeo Ah Tee, Mr Yeo Kim Swee and Mr Yeo Kim Soon, Yatee Holdings Sdn Bhd and Yatee & Sons Sdn Bhd collectively hold 46.7526% in the share capital of MINTYE. Therefore the extent of the interest in the acquired 80,001 shares in Mintye Metal works out to 46.7526% = 37,403 shares in Mintye Metal.
8. MINTYE has not entered into any agreement in relation to the Acquisition.
9. Statement by Board of Directors
The Directors of the Company, having considered all aspects of the acquisition of the 80,001 shares in Mintye Metal, are of the opinion that the acquisition is in the best interest of MINTYE.
10. Mintye Metal, already a 77% owned subsidiary carried on the main business as sheet metal stamping and fabrication of automotive parts for supply mainly to MINTYE and is operating profitably in the past. The acquisition of a further 80,001 shares in Mintye Metal merely serve to increase MINTYE share of profit to be earned by Mintye Metal in future.
11. Mintye Metal already a 77% owned subsidiary and has been operating profitably in the past, the acquisition of a further 80,001 shares shall have very little risk, if any, within the foreseeable future.
12. The acquisition of the 80,001 shares for RM1,040,013/= is expected to be fully paid by one payment on 4th June 2010.
13. The percentage ratio applicable to the acquisition is 0.987% pursuant to Paragraph 10.02(g) of the Listing Requirements.
We trust you will find the above in order.
Yours truly
MINTYE INDUSTRIES BHD.
FOONG KAI MING
Company Secretary
Query Letter content: We refer to your Company's announcement dated 1 June 2010, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release :-
The equity interest held by Mintye Industries Berhad ("MINTYE") in Mintye
Products;
To specify the name of vendors with regard to the Acquisition;
To state whether the vendors is also the directors, major shareholders or
persons connected to them of MINTYE. If so, to state their shareholding in
MINTYE;
The principal activity of Mintye Products, inculding its net assets and net
profit/(loss) based on the latest audited accounts;
The rationale including any benefits which is expected to accrue to MINTYE
arising from the Acquisition;
Particulars of all liabilities, including the contingent liabilities and
guarantee to be assumed by MINTYE;
To state the nature and extent of the interest of the directors namely Mr Yeo
Ah Tee, Mr Yeo Kim Swee and Mr Yeo Kim Soon and substantial shareholders namely
Yatee Holdings Sdn Bhd and Yatee & Sons Sdn Bhd, in the Acquisition;
Whether MINTYE has entered into any agreement in relation to the Acquisition.
If so, to state the date of agreement and salient feature of agreement;
A statement by the board of directors, excluding the interested directors
stating whether the Acquisition is in the best interests of MINTYE, and where a
director disagree with such statement, a statement by the director setting out
the reasons and the factors taken into consideration in forming that opinion;
Prospects arising from the Acquisition;
The risk in relation to the Acquisition;
The estimated time frame to complete the Acquisition;
The highest percentage ratio applicable to the Acquisition pursuant to
paragraph 10.02(g) of the Listing Requirements ("LR");
Where applicable, additional information pursuant to Appendix 10C of the LR.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
HTH/NAE
c.c. General Manager & Head, Market Surveillance, Securities Commission (via
fax)
SUBUR - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: SUBUR TIASA HOLDINGS BERHAD
Stock Name: SUBUR
Date Announced: 07/06/2010
Announcement Detail:
Date of buy back from: 25/05/2010
Date of buy back to: 25/05/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,000
Minimum price paid for each share purchased ($$): 1.900
Maximum price paid for each share purchased ($$): 1.900
Total amount paid for shares purchased ($$): 7,655.88
The name of the stock exchange through which the shares were purchased: Main Market of Bursa Securities
Number of shares purchased retained in treasury (units): 4,000
Total number of shares retained in treasury (units): 20,799,500
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 04/06/2010
Lodged by: Tengis Corporate Services Sdn. Bhd.
Company Name: SUBUR TIASA HOLDINGS BERHAD
Stock Name: SUBUR
Date Announced: 07/06/2010
Announcement Detail:
Date of buy back from: 25/05/2010
Date of buy back to: 25/05/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,000
Minimum price paid for each share purchased ($$): 1.900
Maximum price paid for each share purchased ($$): 1.900
Total amount paid for shares purchased ($$): 7,655.88
The name of the stock exchange through which the shares were purchased: Main Market of Bursa Securities
Number of shares purchased retained in treasury (units): 4,000
Total number of shares retained in treasury (units): 20,799,500
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 04/06/2010
Lodged by: Tengis Corporate Services Sdn. Bhd.
SEACERA - SEACERA - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: SEACERA TILES BERHAD
Stock Name: SEACERA
Date Announced: 07/06/2010
Announcement Detail:
Subject: SEACERA - NOTICE OF BOOK CLOSURE
Contents: Tax Exempt Final Dividend of 1 sen per ordinary share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 7 September 2010 ]
2) The last date of lodgement : [ 9 September 2010 ]
3) Date Payable : [ 29 September 2010 ]
Company Name: SEACERA TILES BERHAD
Stock Name: SEACERA
Date Announced: 07/06/2010
Announcement Detail:
Subject: SEACERA - NOTICE OF BOOK CLOSURE
Contents: Tax Exempt Final Dividend of 1 sen per ordinary share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 7 September 2010 ]
2) The last date of lodgement : [ 9 September 2010 ]
3) Date Payable : [ 29 September 2010 ]
SUPERMX-CA - SUPERMX-CA - NOTICE OF BONUS ENTITLEMENT
Announcement Type: Listing Circular
Name: SUPERMX-CA: CW SUPERMAX CORPORATION BERHAD (CIMB)
Stock Name: SUPERMX-CA
Date Announced: 07/06/2010
Announcement Detail:
Subject: SUPERMX-CA - NOTICE OF BONUS ENTITLEMENT
Contents: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-CA").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 16 June 2010 ]
2) The last date of lodgement : [ 18 June 2010 ]
Remarks :- In accordance with Condition 6 of the Deed Poll dated 7 April 2009, the terms and conditions of the SUPERMX-CA shall be adjusted accordingly.
The Ex-date and entitlement date for the Bonus Issue will be 16 June 2010 and 18 June 2010 respectively.The adjusted Exercise Price and Warrant Component/Exercise Ratio for the SUPERMX-CA will take effect at 9.00 am on 16 June 2010, being the ex-date for the Bonus Issue.
Please note that there will not be any new issuance of SUPERMX-CA on the Entitlement Date pursuant to the Bonus Issue.
Name: SUPERMX-CA: CW SUPERMAX CORPORATION BERHAD (CIMB)
Stock Name: SUPERMX-CA
Date Announced: 07/06/2010
Announcement Detail:
Subject: SUPERMX-CA - NOTICE OF BONUS ENTITLEMENT
Contents: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-CA").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 16 June 2010 ]
2) The last date of lodgement : [ 18 June 2010 ]
Remarks :- In accordance with Condition 6 of the Deed Poll dated 7 April 2009, the terms and conditions of the SUPERMX-CA shall be adjusted accordingly.
The Ex-date and entitlement date for the Bonus Issue will be 16 June 2010 and 18 June 2010 respectively.The adjusted Exercise Price and Warrant Component/Exercise Ratio for the SUPERMX-CA will take effect at 9.00 am on 16 June 2010, being the ex-date for the Bonus Issue.
Please note that there will not be any new issuance of SUPERMX-CA on the Entitlement Date pursuant to the Bonus Issue.
SUPERMX-CB - SUPERMX-CB - NOTICE OF BONUS ENTITLEMENT
Announcement Type: Listing Circular
Name: SUPERMX-CB: CW SUPERMAX CORPORATION BERHAD (OSK)
Stock Name: SUPERMX-CB
Date Announced: 07/06/2010
Announcement Detail:
Subject: SUPERMX-CB - NOTICE OF BONUS ENTITLEMENT
Contents: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-CB") PURSUANT TO THE BONUS ISSUE OF UP TO 71.4 MILLION NEW ORDINARY SHARES OF RM0.50 EACH IN SUPERMX ("SUPERMX SHARES") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SUPERMX SHARES HELD ("BONUS ISSUE").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 16 June 2010 ]
2) The last date of lodgement : [ 18 June 2010 ]
Remarks :- In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Entitlement and Exercise Price of the SUPERMX-CB will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.25) x 0.1000
= 0.1250 (equivalent to Entitlement of 8 SUPERMX-CB per SUPERMX Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.25)] x RM6.50
= RM5.20
Where
E: 0.1000, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to Entitlement of 10 SUPERMX-CB per SUPERMX Share)
N: 0.25, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM6.50, being the existing Exercise Price of SUPERMX-CB immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the SUPERMX-CB shall take place on 16 June 2010 ("Ex-Date"), which is the first day of dealings in the SUPERMX on an ex-bonus basis.
Name: SUPERMX-CB: CW SUPERMAX CORPORATION BERHAD (OSK)
Stock Name: SUPERMX-CB
Date Announced: 07/06/2010
Announcement Detail:
Subject: SUPERMX-CB - NOTICE OF BONUS ENTITLEMENT
Contents: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-CB") PURSUANT TO THE BONUS ISSUE OF UP TO 71.4 MILLION NEW ORDINARY SHARES OF RM0.50 EACH IN SUPERMX ("SUPERMX SHARES") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SUPERMX SHARES HELD ("BONUS ISSUE").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 16 June 2010 ]
2) The last date of lodgement : [ 18 June 2010 ]
Remarks :- In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Entitlement and Exercise Price of the SUPERMX-CB will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.25) x 0.1000
= 0.1250 (equivalent to Entitlement of 8 SUPERMX-CB per SUPERMX Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.25)] x RM6.50
= RM5.20
Where
E: 0.1000, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to Entitlement of 10 SUPERMX-CB per SUPERMX Share)
N: 0.25, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM6.50, being the existing Exercise Price of SUPERMX-CB immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the SUPERMX-CB shall take place on 16 June 2010 ("Ex-Date"), which is the first day of dealings in the SUPERMX on an ex-bonus basis.
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