KULIM
Others
| KULIM (MALAYSIA) BERHAD |
|
EX-date | 06/03/2006 |
| Entitlement date | 08/03/2006 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | Capital distribution-in-specie of up to 50,550,000 ordinary shares of RM1.00 each in Johor Land Berhad ("JLand Shares") by Kulim (Malaysia) Berhad ("KMB") to all shareholders of KMB as at 5.00 p.m. on 8 March 2006 ("Entitlement Date") ("Capital Distribution") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 08/03/2006 to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Pro Corporate Management Services Sdn. Bhd. Suite 2, Tingkat 17, Kompleks Tun Razak (Komtar) Jalan Wong Ah Fook, 80000 Johor Bahru, Johor Darul Takzim Telephone number: 07- 222 5044/6044/4044 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 08/03/2006 |
| 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 | 19 : 100 |
| Rights Issues/Offer Price | |
| Remarks : |
| The basis of distribution of 19 JLand Shares for every 100 ordinary shares of RM0.50 each in KMB ("KMB Shares") held is based on the issued and paid-up share capital of KMB as at 17 February 2006. The actual number of JLand Shares to be distributed for every 100 KMB Shares would depend on the issued and paid-up share capital of KMB as at the Entitlement Date. Fractions of JLand Shares arising from the Capital Distribution shall be disregarded and the aggregate of such fractions shall be dealt with such terms and at such time as the Board of Directors of KMB may in its sole discretion deem fit and expedient. It is the intention of the Board of Directors of KMB to deal with the aggregate of such fractions in such a manner that the incidence of odd lots will be minimised. Warrant holders will NOT qualify for entitlement to the Capital Distribution UNLESS they lodge their duly completed relevant subscription forms together with the subscription monies at the exercise price of RM2.56 for every one (1) KMB Share subscribed with KMB’s share registrar, namely, Pro Corporate Management Services Sdn. Bhd. at Suite 2, Tingkat 17, Kompleks Tun Razak (Komtar) Jalan Wong Ah Fook, 80000 Johor Bahru, Johor Darul Takzim, Malaysia prior to 5.00 p.m. on 2 March 2006. Warrant holders who do not exercise their subscription rights and whose names appear in the warrants register on 8 March 2006 shall be entitled to an adjustment to the exercise price of the said warrants pursuant to the Deed Poll dated 6 May 2004. An information circular on the adjustment to the exercise price will be despatched to the warrant holders in due course. Approval has been obtained from Bursa Malaysia Depository Sdn Bhd on 21 September 2005 for the transfer of up to 50,550,000 JLand Shares under KMB account via bulk transfer method. JLand Shares to be distributed under the Capital Distribution will be credited into the entitled shareholders’ CDS account maintained with Bursa Malaysia Depository Sdn Bhd within ten (10) market days from the Entitlement Date of 8 March 2006. This announcement is dated 17 February 2006. |
Announcement Info
| Company Name | KULIM (MALAYSIA) BERHAD |
| Stock Name | KULIM |
| Date Announced | 17 Feb 2006 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-060216-53876 |