TIMECOM-CC - TIMECOM-CC - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularName: TIMECOM-CC: CW TIME DOTCOM BERHAD (AM)
Stock Name: TIMECOM-CCDate Announced: 04/05/2012
Announcement Detail:Subject: TIMECOM-CC - NOTICE OF BOOK CLOSURE
Contents: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TIME DOTCOM BERHAD ("TIMECOM") ("TIMECOM SHARES") ("TIMECOM-CC") PURSUANT TO FOLLOWING:
(I) CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TIMECOM SHARE TO THE ENTITLED SHAREHOLDERS OF TIMECOM PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT,1965 ("CAPITAL REPAYMENT")
(II) CAPITAL RESTRUCTURING:
(a) CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TIMECOM VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TIMECOM SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REDUCTION");
(b) SET-OFF OF TIMECOM'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TIMECOM; AND
(c) SHARE CONSOLIDATION OF 2,530,775,000 TIMECOM SHARES OF PAR VALUE OF RM0.10 EACH (AFTER THE CAPITAL REDUCTION) INTO 506,155,000 TIMECOM SHARES WITH A PAR VALUE OF RM0.50 EACH IN TIMECOM ON THE BASIS OF FIVE (5) TIMECOM SHARES OF PAR VALUE OF RM0.10 EACH INTO ONE (1) TIMECOM SHARE OF RM0.50 EACH ("CONSOLIDATION").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 11 May 2012 ]
2) The last date of lodgement : [ 15 May 2012 ]
Remarks :- Capital Repayment
Adjustment Factor
Adjustment Factor ("AF") = (P - CR) / P
Where,
P = The closing price of TIMECOM Share immediately on Bursa Malaysia Securities Berhad preceding the Ex-Date (i.e. the "Last Cum Date")
CR = RM0.02, the capital repayment per one (1) TIMECOM Share held
Exercise Price
Adjusted Exercise Price = X x AF
Where,
X = Existing Exercise Price insofar as it relates to TIMECOM-CC immediately prior to the Capital Repayment. For avoidance of doubt, the existing Exercise Price for TIMECOM-CC is RM0.78.
Exercise Ratio
No adjustment will be made to the Exercise Ratio of TIMECOM-CC
Consolidation
Exercise Price
The Exercise Price for the TIMECOM-CC will be adjusted as determined by the following formula:-
Adjusted Exercise Price = X / N
where,
N = 0.2, being the number of new TIMECOM Shares per existing TIMECOM Share
X = Exercise Price insofar as it relates to TIMECOM-CC after the implementation of the Capital Repayment and immediately prior to the Consolidation
Exercise Ratio
The Exercise Ratio for the TIMECOM-CC will be adjusted as determined by the following formula:-
Adjusted Exercise Ratio = E / N
where,
N = 0.2, being the number of new TIMECOM Shares per existing TIMECOM Share
E = Existing Exercise Ratio insofar as it relates to TIMECOM-CC immediately prior to the Consolidation. For avoidance of doubt, the existing Exercise Ratio for TIMECOM-CC is 1 TIMECOM-CC to 1 TIMECOM Share.
TIMECOM-CD - TIMECOM-CD - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularName: TIMECOM-CD: CW TIME DOTCOM BERHAD (CIMB)
Stock Name: TIMECOM-CDDate Announced: 04/05/2012
Announcement Detail:Subject: TIMECOM-CD - NOTICE OF BOOK CLOSURE
Contents: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TIME DOTCOM BERHAD ("TIMECOM") ("TIMECOM-CD") WHICH INCLUDES INTER-ALIA THE FOLLOWING:
(a) CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TIMECOM SHARE TO THE ENTITLED SHAREHOLDERS OF TIMECOM PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REPAYMENT")
(b) CAPITAL RESTRUCTURING COMPRISING:
i. CAPITAL REDUCTION OF TIMECOM'S EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF RM2,530,775,000 COMPRISING 2,530,775,000 SHARES OF RM1.00 EACH IN TIMECOM VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TIMECOM SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REDUCTION")
ii. SET-OFF OF TIMECOM'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TIMECOM
iii. SHARE CONSOLIDATION OF 2,530,775,000 ORDINARY SHARES OF RM0.10 (AFTER THE CAPITAL REDUCTION) INTO 506,155,000 TIMECOM SHARES, ON THE BASIS OF FIVE (5) ORDINARY SHARES OF RM0.10 EACH IN TIMECOM INTO ONE (1) ORDINARY SHARE OF RM0.50 EACH IN TIMECOM ("SHARE CONSOLIDATION").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 11 May 2012 ]
2) The last date of lodgement : [ 15 May 2012 ] Remarks :- In accordance with Condition 6 of the Deed Poll dated 5 May 2011, the terms and conditions of the TIMECOM-CD shall be adjusted accordingly. The Ex-date and entitlement date for the Capital Repayment and Share Consolidation will be 11 May 2012 and 15 May 2012 respectively. We will announce the adjustments to the Exercise Price and the Warrant Component/Exercise Ratio for the TIMECOM-CD after 5.00 pm on 10 May 2012, being the last trading day on which TIMECOM shares are traded on cum-entitlement basis. The adjusted Exercise Price and Warrant Component/Exercise Ratio for the TIMECOM-CD will take effect at 9.00 am on 11 May 2012, being the ex-date for the Capital Repayment and Share Consolidation. For the avoidance of doubt, the Exercise Price and the Warrant Component/Exercise Ratio for the Share Consolidation for TIMECOM-CD shall be the adjusted Exercise Price and the Warrant Component/Exercise Ratio after the Capital Repayment. Please note that there will not be any new issuance of TIMECOM-CD on the Entitlement Date pursuant to the Capital Repayment and Share Consolidation.
TIMECOM-CE - TIMECOM-CE - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularName: TIMECOM-CE: CW TIME DOTCOM BERHAD (OSK)
Stock Name: TIMECOM-CEDate Announced: 04/05/2012
Announcement Detail:Subject: TIMECOM-CE - NOTICE OF BOOK CLOSURE
Contents: Adjustments to the terms and conditions of the non-collateralised cash settled European-style call warrants over ordinary shares of TIME dotCOM Berhad ("TIMECOM") ("TIMECOM-CE") pursuant to following:
(a) capital repayment of RM50,615,500 representing RM0.02 per existing TIMECOM Share to the entitled shareholders of TIMECOM pursuant to Sections 60 and 64 of the Companies Act, 1965 ("Capital Repayment")
(b) capital restructuring comprising:
(i) capital reduction of the existing issued and paid-up share capital of TIMECOM via the cancellation of RM0.90 of the par value of each TIMECOM Share pursuant to Section 64 of the Companies Act, 1965;
(ii) set-off of TIMECOM's share premium account against the accumulated losses of TIMECOM; and
(iii) share consolidation of 2,530,775,000 TIMECOM Shares (after the Capital Reduction) into 506,155,000 TIMECOM Shares, on the basis of five (5) ordinary shares of RM0.10 each in TIMECOM into one (1) ordinary share of RM0.50 each in TIMECOM ("Consolidation")
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 11 May 2012 ]
2) The last date of lodgement : [ 15 May 2012 ]
Remarks :- In accordance with Condition B3.1 -Adjustment of Entitlement and Exercise Price to the Second Schedule of the Deed Poll dated 16 December 2011 ("Deed Poll"), the Exercise Price and Entitlement of the TIMECOM-CE will be adjusted for the Capital Repayment and Consolidation in accordance with the following formula:
Capital Repayment
1. Adjustment Factor = (P - X) / P
Where
P: Closing price of TIMECOM Share on Bursa Malaysia Securities Berhad immediately preceding the Ex-Date (i.e. the "Last Cum Date")
X : RM 0.02, the capital repayment per TIMECOM Share held
2. Adjusted Exercise Price = K x Adjustment Factor
Where
K: RM0.68, the existing Exercise Price immediately prior to the capital repayment of TIMECOM Shares.
No adjustment will be made to the Entitlement of the TIMECOM-CE.
Consolidation
1. Adjusted Entitlement = (1 - N) x E
2. Adjusted Exercise Price = [ 1/( 1 - N ) ] x K
Where
E: 1, being the existing Entitlement immediately prior to the Consolidation (equivalent to entitlement of 1 TIMECOM-CE per TIMECOM Share)
N: 0.80, being the number of TIMECOM Share reduced for each TIMECOM Share held prior to the Consolidation
K: The adjusted Exercise Price of TIMECOM-CE after the implementation of the Capital Repayment and immediately prior to the Consolidation.
The actual adjustments to the Exercise Price and Entitlement of the TIMECOM-CE shall take place on 11 May 2012 ("Ex-Date"), which is the first day of dealings in the TIMECOM on an ex-adjustment basis.
TIMECOM-CF - TIMECOM-CF - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularName: TIMECOM-CF: CW TIME DOTCOM BERHAD (MIBB)
Stock Name: TIMECOM-CFDate Announced: 04/05/2012
Announcement Detail:Subject: TIMECOM-CF - NOTICE OF BOOK CLOSURE
Contents: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF TIME DOTCOM BERHAD ("TIMECOM") ("TIMECOM-CF") PURSUANT TO THE FOLLOWING:
(I) CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TIMECOM SHARE TO THE ENTITLED SHAREHOLDERS OF TIMECOM PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REPAYMENT");
(II) CAPITAL RESTRUCTURING COMPRISING:
(A) CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TIMECOM VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TIMECOM SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REDUCTION");
(B) SET-OFF OF TIMECOM'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TIMECOM; AND
(C) SHARE CONSOLIDATION OF 2,530,775,000 TIMECOM SHARES OF PAR VALUE OF RM0.10 EACH (AFTER THE PROPOSED CAPITAL REDUCTION) INTO 506,155,000 TIMECOM SHARES OF PAR VALUE OF RM0.50 EACH IN TIMECOM, ON THE BASIS OF FIVE (5) TIMECOM SHARES OF PAR VALUE OF RM0.10 EACH INTO ONE (1) TIMECOM SHARE OF RM0.50 EACH;
(COLLECTIVELY (A), (B) AND (C) ARE REFERRED TO AS THE "CAPITAL RESTRUCTURING").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Adjustment" ]
as from : [ 11 May 2012 ]
2) The last date of lodgement : [ 15 May 2012 ]
ENGTEX - ENGTEX - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularCompany Name: ENGTEX GROUP BERHADStock Name: ENGTEXDate Announced: 04/05/2012
Announcement Detail:Subject: ENGTEX - NOTICE OF BOOK CLOSURE
Contents: Final Dividend of 4% less Malaysian Income Tax 25% for the financial year ended 31 December 2011.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 13 June 2012 ]
2) The last date of lodgement : [ 15 June 2012 ]
3) Date Payable : [ 2 July 2012 ]
LUSTER - LUSTER - NOTICE OF RIGHTS ENTITLEMENT
Announcement Type: Listing CircularCompany Name: LUSTER INDUSTRIES BHD.Stock Name: LUSTERDate Announced: 04/05/2012
Announcement Detail:Subject: LUSTER - NOTICE OF RIGHTS ENTITLEMENT
Contents: RENOUNCEABLE RIGHTS ISSUE OF 34,961,715 NEW ORDINARY SHARES OF RM0.10 EACH IN LUSTER INDUSTRIES BHD ("LIB") ("RIGHTS SHARES") TOGETHER WITH 69,923,430 FREE DETACHABLE WARRANTS ("WARRANTS") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH TWO (2) FREE WARRANTS FOR EVERY SEVEN (7) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN LIB AS AT 5.00P.M. ON 15 MAY 2012 ("RIGHTS ISSUE").
Kindly be advised of the following :
1) The Rights commence of trading : [ 16 May 2012 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 17 May 2012 ]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 30 May 2012 @ 5:00pm ]
4) The Rights cease quotation : [ 23 May 2012 ]
The Stock Short Name, Number and ISIN Code [ LUSTER-OR, 5068OR and MYL5068OR004 ] respectively
LUSTER - LUSTER - NOTICE OF RIGHTS ENTITLEMENT
Announcement Type: Listing CircularCompany Name: LUSTER INDUSTRIES BHD.Stock Name: LUSTERDate Announced: 04/05/2012
Announcement Detail:Subject: LUSTER - NOTICE OF RIGHTS ENTITLEMENT
Contents: 1) SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) ORDINARY SHARE OF RM0.40 EACH IN LUSTER INDUSTRIES BHD ("LIB") INTO FOUR (4) NEW ORDINARY SHARES OF RM0.10 EACH ("SHARE SPLIT") AND
2) RENOUNCEABLE RIGHTS ISSUE OF 34,961,715 NEW ORDINARY SHARES OF RM0.10 EACH IN LUSTER INDUSTRIES BHD ("LIB") ("RIGHTS SHARES") TOGETHER WITH 69,923,430 FREE DETACHABLE WARRANTS ("WARRANTS") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH TWO (2) FREE WARRANTS FOR EVERY SEVEN (7) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN LIB AS AT 5.00P.M. ON 15 MAY 2012 ("RIGHTS ISSUE").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - All" ]
as from : [ 11 May 2012 ]
2) The last date of lodgement : [ 15 May 2012 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/8 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/8 ] of the Transacted Price is applicable.
BLDPLNT - BLDPLNT - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularCompany Name: BLD PLANTATION BHD.Stock Name: BLDPLNTDate Announced: 04/05/2012
Announcement Detail:Subject: BLDPLNT - NOTICE OF BOOK CLOSURE
Contents: A final single-tier dividend of 14 sen per ordinary share of RM1.00 each.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 2 July 2012 ]
2) The last date of lodgement : [ 4 July 2012 ]
3) Date Payable : [ 31 July 2012 ]
PRTASCO - PRTASCO - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularCompany Name: PROTASCO BERHADStock Name: PRTASCODate Announced: 04/05/2012
Announcement Detail:Subject: PRTASCO - NOTICE OF BOOK CLOSURE
Contents: Final single tier dividend of 4 sen per share for the financial year ended 31 December 2011.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 27 June 2012 ]
2) The last date of lodgement : [ 29 June 2012 ]
3) Date Payable : [ 12 July 2012 ]
IBRACO - IBRACO - NOTICE OF BOOK CLOSURE
Announcement Type: Listing CircularCompany Name: IBRACO BERHADStock Name: IBRACODate Announced: 04/05/2012
Announcement Detail:Subject: IBRACO - NOTICE OF BOOK CLOSURE
Contents: First and final single tier dividend of 3.75 sen per ordinary share for the financial year ended 31 December 2011.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 5 June 2012 ]
2) The last date of lodgement : [ 7 June 2012 ]
3) Date Payable : [ 20 June 2012 ]
