July 28, 2010

Company announcements: MEASAT, WCT

MEASAT - MEASAT-Resumption of Trading

Announcement Type: Listing Circular
Company Name: MEASAT GLOBAL BERHAD
Stock Name: MEASAT
Date Announced: 28/07/2010

Announcement Detail:
Subject: MEASAT-Resumption of Trading

Contents: Further to Listing's Circular No. L/Q 57891 of 2010, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Thursday, 29 July 2010.

Your attention is drawn to the Company's announcement dated 28 July 2010.


WCT - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: WCT BERHAD
Stock Name: WCT
Date Announced: 28/07/2010

Announcement Detail:
Type: Announcement

Subject: WCT BERHAD ("WCT")

(I) PROPOSED ISSUANCE OF UP TO RM600,000,000 NOMINAL VALUE OF SERIAL FIXED RATE BONDS OF UP TO 5 YEARS WITH UP TO 181,085,174 DETACHABLE WARRANTS ("WCT WARRANTS") ("PROPOSED BONDS WITH WARRANTS"); AND

(II) PROPOSED OFFER FOR SALE OF UP TO 181,085,174 WCT WARRANTS

(TO BE COLLECTIVELY REFERRED TO AS "PROPOSALS")

Contents: On behalf of the Board of Directors of WCT ("Board"), RHB Investment Bank Berhad ("RHB Investment Bank") and AmInvestment Bank Berhad (a member of AmInvestment Bank Group) ("AmInvestment Bank") wish to announce that WCT is proposing the following:-

(i) proposed issuance of RM600,000,000 nominal value of serial fixed rate bonds of up to 5 years with up to 181,085,174 detachable warrants ("WCT Warrants") on a "bought deal" basis to primary subscribers; and

(ii) proposed offer for sale of the provisional rights to allotment of up to 181,085,174 WCT Warrants by the primary subscribers at an offer price to be determined to the following categories of persons:-

(a) up to 121,085,174 WCT Warrants to the shareholders of WCT on a renounceable basis of 1 WCT Warrant for every 8 existing ordinary shares of RM0.50 each in WCT held; and

(b) 60,000,000 WCT Warrants to entitled senior management of the WCT group of companies, the basis of allocation of which is to be determined later by the Board.

Further details of the Proposals are set out in the attached files.

This announcement is dated 28 July 2010.

Attachments: Salient Terms of Bonds & Warrants.pdf
Announcement.pdf



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