February 7, 2013

Company announcements: MAHSING

MAHSING - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced7 Feb 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-130207-62748

EX-date21/02/2013
Entitlement date25/02/2013
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 280,099,803 new ordinary shares of RM0.50 each in Mah Sing Group Berhad (“Mah Sing”) (“Mah Sing Shares”) (“Rights Shares”) together with up to 168,059,881 free detachable warrants (“Warrants”) on the basis of 1 Rights Share for every 3 existing Mah Sing Shares held and 3 Warrants for every 5 Rights Shares subscribed for by entitled shareholders as at 5.00 p.m. on 25 February 2013 (“Entitled Shareholders”), at an issue price of RM1.42 per Rights Share (“Rights Issue with Warrants”)
Period of interest payment to
Financial Year End
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 noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur

Tel. no.: +603 2264 3883
Fax no.: +603 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers25/02/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)280099803 
Entitlement indicatorRatio
Ratio 1 : 3
Rights Issues/Offer Price 1.42

Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form in relation to the Rights Issue with Warrants (collectively the “Documents”) will be despatched to the Entitled Shareholders at their Malaysian address as stated in Mah Sing’s Record of Depositors.

The Documents have not been (and will not be) made to comply with the laws of any foreign jurisdiction and have not been (and will not be) lodged, registered or approved pursuant to or under any legislation (or with or by any regulatory authorities or other relevant bodies) of any jurisdiction other than Malaysia.

The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any countries or jurisdictions other than the laws of Malaysia. The Rights Issue with Warrants to which the Documents relate to is only available to the Entitled Shareholders receiving the Documents electronically or otherwise within Malaysia.

The Documents will not be despatched to the Entitled Shareholders who have not provided an address in Malaysia. Any shareholder who wishes to change/provide a Malaysian address, should inform his/her stockbroker or Mah Sing’s Share Registrar, Tricor Investor Services Sdn Bhd to effect the change of address by 5.00 p.m. on 25 February 2013.


This announcement is dated 7 February 2013


MAHSING - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced7 Feb 2013  
CategoryGeneral Announcement
Reference NoMM-130207-62341

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionI. PROPOSED RIGHTS ISSUE WITH WARRANTS;
II. PROPOSED BONUS ISSUE; AND
III. PROPOSED EXEMPTION

(The abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 10 December 2012, unless otherwise stated. The Proposed Rights Issue with Warrants is hereinafter referred to as the “Rights Issue with Warrants”.)

We refer to the announcements dated 10 December 2012, 14 December 2012, 26 December 2012, 14 January 2013, 18 January 2013, 5 February 2013 and 6 February 2013 in relation to the Proposals.

On behalf of the Board of Mah Sing, CIMB and HLIB wish to jointly announce that the SC had today approved the Proposed Exemption.

Further, Mah Sing had today entered into an underwriting agreement with CIMB, HLIB and Affin Investment Bank Berhad for the Rights Issue with Warrants.

We also wish to announce that the Proposals have become unconditional.

This announcement is dated 7 February 2013.



MAHSING - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced7 Feb 2013  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoMM-130207-62518

Title / DescriptionRenounceable rights issue of up to 280,099,803 new ordinary shares of RM0.50 each in Mah Sing Group Berhad (“Mah Sing”) (“Mah Sing Shares”) (“Rights Shares”) together with up to 168,059,881 free detachable warrants (“Warrants”) on the basis of 1 Rights Share for every 3 existing Mah Sing Shares held and 3 Warrants for every 5 Rights Shares subscribed for by entitled shareholders as at 5.00 p.m. on 25 February 2013 (“Entitled Shareholders”), at an issue price of RM1.42 per Rights Share (“Rights Issue with Warrants”)
Despatch Date27/02/2013
Date for commencement of trading of the rights26/02/2013
Date for despatch of abridged prospectus and subscription forms27/02/2013
Date for cessation of trading of the rights05/03/2013
Date for announcement of final subscription result and basis of allotment of excess Rights Securities15/03/2013
Listing date of the Rights Securities22/03/2013

Last date and time forDateTime
Sale of provisional allotment of rights04/03/2013
at
05:00:00 PM
Transfer of provisional allotment of rights07/03/2013
at
04:00:00 PM
Acceptance and payment12/03/2013
at
05:00:00 PM
Excess share application and payment12/03/2013
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
n/a 

Remarks :
The last date and time for acceptance, excess application and payment may be extended as Mah Sing’s Board of Directors and Joint Principal Advisers may decide and announce not less than 2 market days before the stipulated day and time.

The Abridged Prospectus together with the notice of provisional allotment and rights subscription form in relation to the Rights Issue with Warrants (collectively the “Documents”) will be despatched to the Entitled Shareholders at their Malaysian address as stated in Mah Sing’s Record of Depositors.

The Documents have not been (and will not be) made to comply with the laws of any foreign jurisdiction and have not been (and will not be) lodged, registered or approved pursuant to or under any legislation (or with or by any regulatory authorities or other relevant bodies) of any jurisdiction other than Malaysia.

The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any countries or jurisdictions other than the laws of Malaysia. The Rights Issue with Warrants to which the Documents relate to is only available to the Entitled Shareholders receiving the Documents electronically or otherwise within Malaysia.

The Documents will not be despatched to the Entitled Shareholders who have not provided an address in Malaysia. Any shareholder who wishes to change/provide a Malaysian address, should inform his/her stockbroker or Mah Sing’s Share Registrar, Tricor Investor Services Sdn Bhd to effect the change of address by 5.00 p.m. on 25 February 2013.


This announcement is dated 7 February 2013


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