Rights Issue



Entitlement date09/02/2011
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 61,629,713 new ordinary shares of RM0.35 each ("Rights Shares") at an issue price of RM0.35 per Rights Share together with up to 123,259,426 free detachable warrants ("Warrants") on the basis of one (1) Rights Share and two (2) Warrants for every three (3) existing ordinary share of RM0.35 each held in Sumatec Resources Berhad as at 5.00 p.m. on 9 February 2011 ("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 noMega Corporate Services Sdn Bhd
Level 15-2, Faber Imperial Court
Jalan Sultan Ismail
50250 Kuala Lumpur
Tel No.: 603-2692 4271
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers09/02/2011 
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 : 3
Rights Issues/Offer Price 0.35

Remarks :
The actual number of Rights Shares together with Warrants to be issued can only be determined based on the issued and paid-up ordinary share capital of Sumatec on 9 February 2011.

The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) in relation to the Rights Issue is expected to be despatched on 11 February 2011 to the entitled ordinary shareholders whose names appear in the Record of Depositors of Sumatec on 9 February 2011. These Documents will not be despatched to entitled ordinary shareholders who have not provided an address in Malaysia. Any shareholder who is without a registered address in Malaysia and wishes to provide a Malaysian address should inform their respective stockbrokers to effect the change of address prior to 9 February 2011.

This announcement is dated 18 January 2011.

Announcement Info

Stock Name SUMATEC    
Date Announced18 Jan 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-110114-74059

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