RCECAP - RCECAP - NOTICE OF BONUS & RIGHTS ENTITLEMENT
|Company Name||RCE CAPITAL BERHAD|
|Date Announced||25 Oct 2012|
LISTING'S CIRCULAR NO. L/Q : 66345 OF 2012
1) BONUS ISSUE OF UP TO 398,746,687 NEW ORDINARY SHARES OF RM0.10 EACH IN RCE CAPITAL BERHAD (“RCE”) (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN RCE AS AT 5.00 P.M. ON 31 OCTOBER 2012 (“BONUS ISSUE”)
2) RENOUNCEABLE RIGHTS ISSUE OF UP TO 478,496,024 NEW REDEEMABLE CONVERTIBLE NON-CUMULATIVE PREFERENCE SHARES OF RM0.10 EACH IN RCE CAPITAL BERHAD (“RCE”) (“RCPS”) AT AN ISSUE PRICE OF RM0.38 PER RCPS ON THE BASIS OF TWO (2) RCPS FOR EVERY FIVE (5) ORDINARY SHARES OF RM0.10 EACH IN RCE (“SHARES”) HELD AFTER THE BONUS ISSUE (AS DEFINED HEREIN) AS AT 5.00 P.M. ON 31 OCTOBER 2012 (“RIGHTS ISSUE”).
Further to Listing's Circular No L/Q: 66282 OF 2012, kindly be advised of the following:
1) The above Company's securities will be traded and quoted [ "Ex - All" ]
as from : [ 29 October 2012 (Remain Unchanged) ]
2) The last date of lodgement : [ 31 October 2012 (Remain Unchanged) ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [11/21 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 33.80% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 11/21 ] of the Transacted Price is applicable.
Remarks : "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 1 November 2012 with bonus issue of RCECAP shares of RM 0.10 each, any shareholder who is entitled to receive RCECAP bonus issue shares, may sell any or all of his RCECAP shares arising from the bonus issue beginning the Ex-Date ( 29 October 2012 ).
For example, if Mr X purchases 200 RCECAP shares on cum basis on 25 October 2012, Mr X should receive 200 shares on 31 October 2012. As a result of the bonus issue, a total of 300 RCECAP shares will be credited into Mr X's CDS account on the night of 31 October 2012 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 29 October 2012 onwards."