DIALOG-CF - DIALOG-CF - NOTICE OF RIGHTS ENTITLEMENT
Announcement Type: Listing Circular
Name: DIALOG-CF: CW DIALOG GRP BHD (CIMB)
Stock Name: DIALOG-CF
Date Announced: 20/12/2011
Announcement Detail:
Subject: DIALOG-CF - NOTICE OF RIGHTS ENTITLEMENT
Contents: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OF OVER ORDINARY SHARES OF DIALOG GROUP BERHAD ("DIALOG") ("DIALOG-CF") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 398,736,680 NEW ORDINARY SHARES OF RM0.10 EACH IN DIALOG ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM1.20 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN DIALOG AT 5.00 P.M. ON 9 JANUARY 2012 ("RIGHTS ISSUE").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 5 January 2012 ]
2) The last date of lodgement : [ 9 January 2012 ]
Remarks :- In accordance with Condition 6 of the Deed Poll dated 6 April 2010, the terms and conditions of the DIALOG-CF shall be adjusted accordingly.
The Ex-date and entitlement date for the Rights Issue will be 5 January 2012 and 9 January 2012 respectively. We will announce the adjustments to the Exercise Price and the Warrant Component/Exercise Ratio for the DIALOG-CF after 5.00 pm on 4 January 2012, being the last trading day on which DIALOG shares are traded on cum-entitlement basis. The adjusted Exercise Price and Warrant Component/Exercise Ratio for the DIALOG-CF will take effect at 9.00 am on 5 January 2012, being the ex-date for the Rights Issue.
Please note that there will not be any new issuance of DIALOG-CF on the Entitlement Date pursuant to the Rights Issue.
Name: DIALOG-CF: CW DIALOG GRP BHD (CIMB)
Stock Name: DIALOG-CF
Date Announced: 20/12/2011
Announcement Detail:
Subject: DIALOG-CF - NOTICE OF RIGHTS ENTITLEMENT
Contents: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OF OVER ORDINARY SHARES OF DIALOG GROUP BERHAD ("DIALOG") ("DIALOG-CF") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 398,736,680 NEW ORDINARY SHARES OF RM0.10 EACH IN DIALOG ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM1.20 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN DIALOG AT 5.00 P.M. ON 9 JANUARY 2012 ("RIGHTS ISSUE").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 5 January 2012 ]
2) The last date of lodgement : [ 9 January 2012 ]
Remarks :- In accordance with Condition 6 of the Deed Poll dated 6 April 2010, the terms and conditions of the DIALOG-CF shall be adjusted accordingly.
The Ex-date and entitlement date for the Rights Issue will be 5 January 2012 and 9 January 2012 respectively. We will announce the adjustments to the Exercise Price and the Warrant Component/Exercise Ratio for the DIALOG-CF after 5.00 pm on 4 January 2012, being the last trading day on which DIALOG shares are traded on cum-entitlement basis. The adjusted Exercise Price and Warrant Component/Exercise Ratio for the DIALOG-CF will take effect at 9.00 am on 5 January 2012, being the ex-date for the Rights Issue.
Please note that there will not be any new issuance of DIALOG-CF on the Entitlement Date pursuant to the Rights Issue.
DIALOG-CH - DIALOG-CH - NOTICE OF RIGHTS ENTITLEMENT
Announcement Type: Listing Circular
Name: DIALOG-CH: CW DIALOG GRP BHD (OSK)
Stock Name: DIALOG-CH
Date Announced: 20/12/2011
Announcement Detail:
Subject: DIALOG-CH - NOTICE OF RIGHTS ENTITLEMENT
Contents: Adjustments to the terms and conditions of the non-collateralised cash settled European-style call warrants over ordinary shares of Dialog Group Berhad ("DIALOG") ("DIALOG-CH") pursuant to renounceable rights issue of up to 398,736,680 new ordinary shares of RM0.10 each in DIALOG ("Rights Shares") together with up to 199,368,340 free detachable warrants ("Warrants") at a price to be determined later on the basis of two (2) Rights Shares together with one (1) free Warrant for every ten (10) existing ordinary shares of RM0.10 each held in DIALOG at an entitlement date to be determined later, based on a minimum subscription level of 280,000,000 Rights Shares together with 140,000,000 Warrants ("Rights Issue").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ] as from : [ 5 January 2012 ]
2) The last date of lodgement : [ 9 January 2012 ] Remarks :- In accordance with Condition B3.1 Adjustment of Entitlement and Exercise Price to the Second Schedule of the Deed Poll dated 13 December 2010, the Exercise Price and Entitlement of the DIALOG-CH will be adjusted for the Proposed Rights Issue in accordance with the following formula: 1. Adjusted Exercise Price = {[(1 + R/S) x M] / (1 + M)} x K 2. Adjusted Entitlement = {(1 + M) / [(1 + (R/S) x M)]} x E Where E: 0.2500, being the existing Entitlement immediately prior to the Proposed Rights Issue (equivalent to entitlement of 4 DIALOG-CH per DIALOG Share) S: Cum-rights share price being the closing bid price of DIALOG, as derived from the Daily Quotation Sheet of Bursa Securities on the last market day on which DIALOG is traded on a cum-rights basis R: RM1.20, the indicative subscription price per Rights Shares under the Proposed Rights Issue M: 0.20, being the number of new DIALOG shares (whether a whole or fraction) per existing DIALOG share each holder is entitled to subscribe or to have K: RM2.45, being the existing Exercise Price of DIALOG-CH immediately prior to the rights offer The actual adjustments to the Exercise Price and Entitlement of the DIALOG-CH shall take place on 5 January 2012 ("Ex-Date"), which is the first day of dealings in the DIALOG on an ex-rights basis.
Name: DIALOG-CH: CW DIALOG GRP BHD (OSK)
Stock Name: DIALOG-CH
Date Announced: 20/12/2011
Announcement Detail:
Subject: DIALOG-CH - NOTICE OF RIGHTS ENTITLEMENT
Contents: Adjustments to the terms and conditions of the non-collateralised cash settled European-style call warrants over ordinary shares of Dialog Group Berhad ("DIALOG") ("DIALOG-CH") pursuant to renounceable rights issue of up to 398,736,680 new ordinary shares of RM0.10 each in DIALOG ("Rights Shares") together with up to 199,368,340 free detachable warrants ("Warrants") at a price to be determined later on the basis of two (2) Rights Shares together with one (1) free Warrant for every ten (10) existing ordinary shares of RM0.10 each held in DIALOG at an entitlement date to be determined later, based on a minimum subscription level of 280,000,000 Rights Shares together with 140,000,000 Warrants ("Rights Issue").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ] as from : [ 5 January 2012 ]
2) The last date of lodgement : [ 9 January 2012 ] Remarks :- In accordance with Condition B3.1 Adjustment of Entitlement and Exercise Price to the Second Schedule of the Deed Poll dated 13 December 2010, the Exercise Price and Entitlement of the DIALOG-CH will be adjusted for the Proposed Rights Issue in accordance with the following formula: 1. Adjusted Exercise Price = {[(1 + R/S) x M] / (1 + M)} x K 2. Adjusted Entitlement = {(1 + M) / [(1 + (R/S) x M)]} x E Where E: 0.2500, being the existing Entitlement immediately prior to the Proposed Rights Issue (equivalent to entitlement of 4 DIALOG-CH per DIALOG Share) S: Cum-rights share price being the closing bid price of DIALOG, as derived from the Daily Quotation Sheet of Bursa Securities on the last market day on which DIALOG is traded on a cum-rights basis R: RM1.20, the indicative subscription price per Rights Shares under the Proposed Rights Issue M: 0.20, being the number of new DIALOG shares (whether a whole or fraction) per existing DIALOG share each holder is entitled to subscribe or to have K: RM2.45, being the existing Exercise Price of DIALOG-CH immediately prior to the rights offer The actual adjustments to the Exercise Price and Entitlement of the DIALOG-CH shall take place on 5 January 2012 ("Ex-Date"), which is the first day of dealings in the DIALOG on an ex-rights basis.
No comments:
Post a Comment