Rights Issue



Entitlement date07/12/2007
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 326,887,241 new ordinary shares of RM1.00 each ("Rights Shares") in AMMB Holdings Berhad ("AHB" or the "Company") at an issue price of RM3.40 per Rights Share on the basis of one (1) Rights Share for every eight (8) existing ordinary shares of RM1.00 each and one (1) Right Shares for every eight (8) existing coverting preference shares of RM1.00 each held in AHB ("Rights Issue").
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 noSymphony Share Registrars Sdn Bhd
Level 26, Menara Multi-Purpose
Capital Square
No. 8, Jalan Munshi Abdullah
50100 Kuala Lumpur
Tel: 03-2721 2222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers07/12/2007 
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) 
Entitlement indicatorRatio
Ratio 1 : 8
Rights Issues/Offer Price 3.4

Remarks :
The actual number of Rights Shares to be issued pursuant to the Rights Issue would depend on the issued and paid-up share capital of the Company on the Entitlement Date taking into account any exercise of its existing warrants 2003/2008 and/or exchange of the RM575,000,000 nominal value of 10-year unsecured subordinated exchangeable bonds issued by AmBank (M) Berhad on or prior to the Entitlement Date.

The underwriting agreement for the Rights Issue has been entered into on 19 November 2007.

The abridged prospectus in relation to the Rights Issue will be dispatched to the entitled shareholders of AHB not later than three (3) markets days after the Entitlement Date.

This announcement is dated 21 November 2007.

Announcement Info

Stock Name AMMB    
Date Announced21 Nov 2007  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-071121-45706

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