PARAMON
Bonus Issue
| PARAMOUNT CORPORATION BERHAD |
|
EX-date | 21/06/2011 |
| Entitlement date | 23/06/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of 48,258,779 new ordinary shares of RM1.00 each (“Bonus Share(s)”) in Paramount Corporation Berhad (“PCB” or “Company”) to be credited as fully paid up on the basis of two (2) Bonus Share for every five (5) existing ordinary shares of RM1.00 each held in PCB prior to the share split. |
| 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 no | Tricor Investors Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Malaysia |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 23/06/2011 |
| 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 indicator | Ratio |
| Ratio | 2 : 5 |
| Rights Issues/Offer Price | |
| Remarks : |
| The Bonus Issue will be executed concurrently with the share split exercise (which will be executed immediately after the crediting of the Bonus Shares to the entitled shareholders) and the Bonus Shares to be received by the entitled shareholders will be in the form of ordinary shares of RM1.00 each. The date of listing and quotation for the bonus shares shall be 24 June 2011, being the next market day immediately after the entitlement date for the Bonus Issue. Notices of allotment will be issued and dispatched to the entitled shareholders by 30 June 2011. |
Announcement Info
| Company Name | PARAMOUNT CORPORATION BERHAD |
| Stock Name | PARAMON |
| Date Announced | 2 Jun 2011 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-110602-59949 |