SEAL - Forty-Eighth Annual General Meeting
Announcement Type: General Announcement
Company Name: SEAL INCORPORATED BERHAD
Stock Name: SEAL
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: Forty-Eighth Annual General Meeting
Contents: The Board of Directors of Seal Incorporated Berhad wishes to announce that all resolutions as set down in the Notice of the Forty-Eighth Annual General Meeting have been approved by shareholders at the Forty-Eighth Annual General Meeting held on 21 December 2010, including the Ordinary Resolutions transacted as Special Business.
Please refer to the attached file for the Ordinary Resolutions transacted as Special Business.
This announcement is dated 21 December 2010
Attachments: special business (annc).doc
Company Name: SEAL INCORPORATED BERHAD
Stock Name: SEAL
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: Forty-Eighth Annual General Meeting
Contents: The Board of Directors of Seal Incorporated Berhad wishes to announce that all resolutions as set down in the Notice of the Forty-Eighth Annual General Meeting have been approved by shareholders at the Forty-Eighth Annual General Meeting held on 21 December 2010, including the Ordinary Resolutions transacted as Special Business.
Please refer to the attached file for the Ordinary Resolutions transacted as Special Business.
This announcement is dated 21 December 2010
Attachments: special business (annc).doc
JTIASA - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: JAYA TIASA HOLDINGS BHD
Stock Name: JTIASA
Date Announced: 21/12/2010
Announcement Detail:
Date of buy back: 21/12/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 4.700
Maximum price paid for each share purchased ($$): 4.700
Total consideration paid ($$): 4,746.41
Number of shares purchased retained in treasury (units): 1,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 15,544,457
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.50
Company Name: JAYA TIASA HOLDINGS BHD
Stock Name: JTIASA
Date Announced: 21/12/2010
Announcement Detail:
Date of buy back: 21/12/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 4.700
Maximum price paid for each share purchased ($$): 4.700
Total consideration paid ($$): 4,746.41
Number of shares purchased retained in treasury (units): 1,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 15,544,457
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.50
TONGHER - General Announcement
Announcement Type: General Announcement
Company Name: TONG HERR RESOURCES BERHAD
Stock Name: TONGHER
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities
Contents: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities
Company Name: TONG HERR RESOURCES BERHAD
Stock Name: TONGHER
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities
Contents: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities
TAANN - GROUP PRODUCTION FOR THE MONTH OF NOVEMBER, 2010
Announcement Type: General Announcement
Company Name: TA ANN HOLDINGS BERHAD
Stock Name: TAANN
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: GROUP PRODUCTION FOR THE MONTH OF NOVEMBER, 2010
Contents: The board of Directors of Ta Ann Holdings Berhad is pleased to announce that the Group's production figures for the month of NOVEMBER 2010 were as follows:-
(1) Log - 35,014 cubic metres
(2) Fresh Fruit Bunches - 31,039 metric tonnes
(3) Crude Palm Oil - 6,265 metric tonnes
(4) Palm Kernel - 1,170 metric tonnes
Company Name: TA ANN HOLDINGS BERHAD
Stock Name: TAANN
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: GROUP PRODUCTION FOR THE MONTH OF NOVEMBER, 2010
Contents: The board of Directors of Ta Ann Holdings Berhad is pleased to announce that the Group's production figures for the month of NOVEMBER 2010 were as follows:-
(1) Log - 35,014 cubic metres
(2) Fresh Fruit Bunches - 31,039 metric tonnes
(3) Crude Palm Oil - 6,265 metric tonnes
(4) Palm Kernel - 1,170 metric tonnes
NWP - General Announcement
Announcement Type: General Announcement
Company Name: NWP HOLDINGS BERHAD
Stock Name: NWP
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: NWP HOLDINGS BERHAD ("NWP" or " THE COMPANY" )
PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS ("RPPT") OF A REVENUE AND/OR TRADING NATURE
Contents: The Board of Directors of NWP is pleased to announce that the Company wishes to seek its shareholders' approval for the proposed renewal of existing shareholder's mandate for recurrent related party transactions of a revenue/or trading nature to be tabled at the forthcoming 11th Annual General Meeting of the Company.
A circular to shareholders in relation to the above proposal will be circulated to shareholders in due course.
This annoucement is dated 21 December 2010.
Company Name: NWP HOLDINGS BERHAD
Stock Name: NWP
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: NWP HOLDINGS BERHAD ("NWP" or " THE COMPANY" )
PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS ("RPPT") OF A REVENUE AND/OR TRADING NATURE
Contents: The Board of Directors of NWP is pleased to announce that the Company wishes to seek its shareholders' approval for the proposed renewal of existing shareholder's mandate for recurrent related party transactions of a revenue/or trading nature to be tabled at the forthcoming 11th Annual General Meeting of the Company.
A circular to shareholders in relation to the above proposal will be circulated to shareholders in due course.
This annoucement is dated 21 December 2010.
NAIM - Kuching High Court Suit No. KCH-22-251-10-II
Announcement Type: General Announcement
Company Name: NAIM HOLDINGS BERHAD
Stock Name: NAIM
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: Kuching High Court Suit No. KCH-22-251-10-II
Contents: Naim Holdings Berhad ("the Company" or "Naim") wishes to announce that the Company's wholly owned subsidiary, Naim Cendera Sdn. Bhd. ("NCSB") has on 21 December 2010 been served with a Writ of Summons dated 16th December 2010 from Cinepile Sdn. Bhd. ("the Plaintiff") seeking for, inter alia, payment of an alleged outstanding balance of RM499,244.00 arising from a letter of award dated 9th January 2006 for the supply and delivery of RC piles for one project, namely "Cadangan Merekabentuk, Membina dan Menyiapkan Perumahan Pasukan Gerakan Am di Lot 216, Block 206, KNLD, Jalan Batu Kawa, Kuching, Sarawak".
The Plaintiff also seeking for, inter alia, interest, costs and such further relief and/or other relief as deemed fit and just.
The date of the hearing has yet to be fixed by the Court. NCSB is seeking advice from its solicitors and has instructed the said solicitors to take all necessary steps to vigorously defend NCSB against the suit.
Dated this 21 December 2010
Company Name: NAIM HOLDINGS BERHAD
Stock Name: NAIM
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: Kuching High Court Suit No. KCH-22-251-10-II
Contents: Naim Holdings Berhad ("the Company" or "Naim") wishes to announce that the Company's wholly owned subsidiary, Naim Cendera Sdn. Bhd. ("NCSB") has on 21 December 2010 been served with a Writ of Summons dated 16th December 2010 from Cinepile Sdn. Bhd. ("the Plaintiff") seeking for, inter alia, payment of an alleged outstanding balance of RM499,244.00 arising from a letter of award dated 9th January 2006 for the supply and delivery of RC piles for one project, namely "Cadangan Merekabentuk, Membina dan Menyiapkan Perumahan Pasukan Gerakan Am di Lot 216, Block 206, KNLD, Jalan Batu Kawa, Kuching, Sarawak".
The Plaintiff also seeking for, inter alia, interest, costs and such further relief and/or other relief as deemed fit and just.
The date of the hearing has yet to be fixed by the Court. NCSB is seeking advice from its solicitors and has instructed the said solicitors to take all necessary steps to vigorously defend NCSB against the suit.
Dated this 21 December 2010
STAREIT - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: STARHILL REAL ESTATE INVESTMENT TRUST
Stock Name: STAREIT
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT" OR "TRUST")
PROPOSED ACQUISITIONS OF HOSPITALITY RELATED PROPERTIES PURSUANT TO THE RATIONALISATION EXERCISE TO REPOSITION STARHILL REIT AS A FULL-FLEDGED HOSPITALITY REAL ESTATE INVESTMENT TRUST ("REIT") ("PROPOSED ACQUISITIONS")
Contents: We refer to the announcement dated 14 December 2010 in relation to the Proposed Acquisitions.
On behalf of Pintar Projek Sdn Bhd, the manager of the Trust, AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Securities Commission has vide its letter dated 20 December 2010 (received on 21 December 2010) approved Starhill REIT's application for an extension of time until 28 June 2011 to comply with clauses 8.08, 8.22(b), (c) and (d) of the Guidelines on REITs.
This announcement is dated 21 December 2010.
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: STARHILL REAL ESTATE INVESTMENT TRUST
Stock Name: STAREIT
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT" OR "TRUST")
PROPOSED ACQUISITIONS OF HOSPITALITY RELATED PROPERTIES PURSUANT TO THE RATIONALISATION EXERCISE TO REPOSITION STARHILL REIT AS A FULL-FLEDGED HOSPITALITY REAL ESTATE INVESTMENT TRUST ("REIT") ("PROPOSED ACQUISITIONS")
Contents: We refer to the announcement dated 14 December 2010 in relation to the Proposed Acquisitions.
On behalf of Pintar Projek Sdn Bhd, the manager of the Trust, AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Securities Commission has vide its letter dated 20 December 2010 (received on 21 December 2010) approved Starhill REIT's application for an extension of time until 28 June 2011 to comply with clauses 8.08, 8.22(b), (c) and (d) of the Guidelines on REITs.
This announcement is dated 21 December 2010.
SIGGAS - General Announcement
Announcement Type: General Announcement
Company Name: SIG GASES BERHAD
Stock Name: SIGGAS
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: SIG GASES BERHAD ("SIGGAS" or "the Company")
- RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPTs")
Contents: The Board of Directors of SIGGAS wishes to announce the RRPTs entered into by the Company's wholly-owned subsidiary for the period from 1 November 2010 to 30 November 2010.
Kindly refer to the attachment for further details.
This announcement is dated 21 December 2010
Attachments: SIGGAS - Announcement RRPTs 21 12 2010.pdf
Company Name: SIG GASES BERHAD
Stock Name: SIGGAS
Date Announced: 21/12/2010
Announcement Detail:
Type: Announcement
Subject: SIG GASES BERHAD ("SIGGAS" or "the Company")
- RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPTs")
Contents: The Board of Directors of SIGGAS wishes to announce the RRPTs entered into by the Company's wholly-owned subsidiary for the period from 1 November 2010 to 30 November 2010.
Kindly refer to the attachment for further details.
This announcement is dated 21 December 2010
Attachments: SIGGAS - Announcement RRPTs 21 12 2010.pdf
TENAGA-CP - Bonus Issue
Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: TENAGA-CP: CW TENAGA NASIONAL BERHAD (OSK)
Stock Name: TENAGA-CP
Date Announced: 21/12/2010
Announcement Detail:
EX-date: 31/12/2010
Entitlement date: 04/01/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF TENAGA NATIONAL BERHAD ("TENAGA") ("TENAGA-CP") PURSUANT TO THE BONUS ISSUE OF UP TO 1,119,088,296 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARE(S)") IN TENAGA ("BONUS SHARES") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("BONUS ISSUE")
Period of interest payment: to
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 04/01/2011
Entitlement indicator: Ratio
Ratio: 0 : 0
Remarks: We refer to the announcement by TENAGA dated 26 August 2010 and 20 December 2010 in relation to the Bonus Issue.
In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Entitlement and Exercise Price of the TENAGA-CP will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.25) x 0.10
= 0.1250 (equivalent to Exercise Ratio of 8 TENAGA-CP per TENAGA Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.25)] x RM7.80
= RM6.24
Where
E: 0.10, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to entitlement of 10 TENAGA-CP per TENAGA Share)
N: 0.25, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM7.80, being the existing Exercise Price of TENAGA-CP immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the TENAGA-CP shall take place on 31 December 2010 ("Ex-Date"), which is the first day of dealings in the TENAGA on an ex-bonus basis.
This announcement is dated 21 December 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: TENAGA-CP: CW TENAGA NASIONAL BERHAD (OSK)
Stock Name: TENAGA-CP
Date Announced: 21/12/2010
Announcement Detail:
EX-date: 31/12/2010
Entitlement date: 04/01/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF TENAGA NATIONAL BERHAD ("TENAGA") ("TENAGA-CP") PURSUANT TO THE BONUS ISSUE OF UP TO 1,119,088,296 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARE(S)") IN TENAGA ("BONUS SHARES") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("BONUS ISSUE")
Period of interest payment: to
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 04/01/2011
Entitlement indicator: Ratio
Ratio: 0 : 0
Remarks: We refer to the announcement by TENAGA dated 26 August 2010 and 20 December 2010 in relation to the Bonus Issue.
In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Entitlement and Exercise Price of the TENAGA-CP will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.25) x 0.10
= 0.1250 (equivalent to Exercise Ratio of 8 TENAGA-CP per TENAGA Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.25)] x RM7.80
= RM6.24
Where
E: 0.10, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to entitlement of 10 TENAGA-CP per TENAGA Share)
N: 0.25, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM7.80, being the existing Exercise Price of TENAGA-CP immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the TENAGA-CP shall take place on 31 December 2010 ("Ex-Date"), which is the first day of dealings in the TENAGA on an ex-bonus basis.
This announcement is dated 21 December 2010.
TENAGA-CQ - Bonus Issue
Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: TENAGA-CQ: CW TENAGA NASIONAL BERHAD (OSK)
Stock Name: TENAGA-CQ
Date Announced: 21/12/2010
Announcement Detail:
EX-date: 31/12/2010
Entitlement date: 04/01/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF TENAGA NATIONAL BERHAD ("TENAGA") ("TENAGA-CQ") PURSUANT TO THE BONUS ISSUE OF UP TO 1,119,088,296 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARE(S)") IN TENAGA ("BONUS SHARES") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("BONUS ISSUE")
Period of interest payment: to
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 04/01/2011
Entitlement indicator: Ratio
Ratio: 0 : 0
Remarks: We refer to the announcement by TENAGA dated 26 August 2010 and 20 December 2010 in relation to the Bonus Issue.
In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Entitlement and Exercise Price of the TENAGA-CQ will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.25) x 0.10
= 0.125 (equivalent to Exercise Ratio of 8 TENAGA-CQ per TENAGA Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.25)] x RM8.50
= RM6.80
Where
E: 0.10, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to entitlement of 10 TENAGA-CQ per TENAGA Share)
N: 0.25, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM8.50, being the existing Exercise Price of TENAGA-CQ immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the TENAGA-CQ shall take place on 31 December 2010 ("Ex-Date"), which is the first day of dealings in the TENAGA on an ex-bonus basis.
This announcement is dated 21 December 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: TENAGA-CQ: CW TENAGA NASIONAL BERHAD (OSK)
Stock Name: TENAGA-CQ
Date Announced: 21/12/2010
Announcement Detail:
EX-date: 31/12/2010
Entitlement date: 04/01/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF TENAGA NATIONAL BERHAD ("TENAGA") ("TENAGA-CQ") PURSUANT TO THE BONUS ISSUE OF UP TO 1,119,088,296 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARE(S)") IN TENAGA ("BONUS SHARES") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("BONUS ISSUE")
Period of interest payment: to
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 04/01/2011
Entitlement indicator: Ratio
Ratio: 0 : 0
Remarks: We refer to the announcement by TENAGA dated 26 August 2010 and 20 December 2010 in relation to the Bonus Issue.
In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Entitlement and Exercise Price of the TENAGA-CQ will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.25) x 0.10
= 0.125 (equivalent to Exercise Ratio of 8 TENAGA-CQ per TENAGA Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.25)] x RM8.50
= RM6.80
Where
E: 0.10, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to entitlement of 10 TENAGA-CQ per TENAGA Share)
N: 0.25, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM8.50, being the existing Exercise Price of TENAGA-CQ immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the TENAGA-CQ shall take place on 31 December 2010 ("Ex-Date"), which is the first day of dealings in the TENAGA on an ex-bonus basis.
This announcement is dated 21 December 2010.
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