KSL - Interim Dividend
| Company Name | KSL HOLDINGS BERHAD |
| Stock Name | KSL |
| Date Announced | 7 Jan 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-150107-682E6 |
| Remarks : |
| On 28 November 2014, the Board of Directors of KSL (“Board”) had proposed a single tier interim dividend of RM0.05 per KSL Share for the financial year ending 31 December 2014. On behalf of the Board, Hong Leong Investment Bank Berhad had, on 7 January 2015, announced that the issue price of the new KSL Shares to be issued pursuant to the implementation of the dividend reinvestment plan, has been fixed at RM1.57 per share. Holders of KSL’s existing Warrants 2011/2016 (“Warrant Holders”) who wish to be entitled to the Dividend should exercise their rights to subscribe for new KSL Shares by lodging their duly completed exercise forms together with the relevant subscription monies with KSL’s Share Registrar (at the address stated above) on or before 5.00 p.m. on 19 January 2015. This is to enable the new KSL Shares arising from such exercise to be allotted to the respective Warrant Holders such that their names will appear in the Record of Depositors for KSL Shares at 5.00 p.m. on 29 January 2015. For the avoidance of doubt, Warrant Holders who lodge their duly completed exercise forms between 20 January 2015 and 29 January 2015 (both dates inclusive) will not be entitled for the Dividend. This announcement is dated 7 January 2015 |
ECOWLD - MULTIPLE PROPOSALS
| Company Name | ECO WORLD DEVELOPMENT GROUP BERHAD |
| Stock Name | ECOWLD |
| Date Announced | 7 Jan 2015 |
| Category | General Announcement |
| Reference No | MM-150107-67240 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | ECO WORLD DEVELOPMENT GROUP BERHAD (“EW BERHAD”) (I) PROPOSED ACQUISITIONS; (II) PROPOSED SHARE SPLIT; (III) PROPOSED SHARE SUBSCRIPTION; (IV) PROPOSED RENOUNCEABLE RIGHTS ISSUE TOGETHER WITH FREE DETACHABLE WARRANTS; (V) PROPOSED PLACEMENT; (VI) PROPOSED ALTERATION AND INCREASE IN AUTHORISED SHARE CAPITAL; (VII) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION; AND (VIII) PROPOSED EXEMPTION FROM A MANDATORY GENERAL OFFER (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
Reference is made to EW Berhad’s
announcements dated 25 April 2014 (“Announcement”),
28 April 2014, 23 September 2014, 23 October 2014, 10 November 2014, 19
November 2014, 12 December 2014, 15 December 2014 and 17 December 2014. All
capitalised terms herein shall have the same meanings as those set out in the
Announcement unless otherwise stated. On behalf of the Board, CIMB, AmInvestment
and Maybank IB are pleased to announce that Bursa Securities has, via its letter dated 7 January 2015, granted EW Berhad
an extension of time of six (6) months from
the date of completion of the Proposed Share Subscription for EW Berhad to comply
with the public shareholding spread requirement pursuant to Paragraph 8.02(1)
of the Listing Requirements. Upon completion of the Proposed Share Subscription, the
public shareholdings of EW Berhad is expected to decrease from approximately 44.14%
of the issued and paid-up share capital of EW Berhad as at 5 December 2014 to
approximately 17.02% of the issued and paid-up share capital of EW Berhad,
which will not be in compliance with the Public Spread Requirement.
However, upon completion of the Proposed Share Subscription and Proposed Rights
Issue with Warrants, EW Berhad intends to undertake the Proposed Placement
which is expected to restore the public shareholding spread of EW Berhad to
above 25% and thereby enable EW Berhad to comply with the Public Spread
Requirement. The Proposed Placement is expected to be completed within six (6)
months from the completion of the Proposed Share Subscription but not earlier
than the completion of the Proposed Rights Issue with Warrants. This announcement is dated 7 January 2015.
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