MARCO

Rights Issue

MARCO HOLDINGS BERHAD

EX-date

07/04/2004
Entitlement date09/04/2004
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement description:
RENOUNCEABLE RIGHTS ISSUE OF 23,712,762 NEW ORDINARY SHARES OF RM1.00 EACH IN MARCO HOLDINGS BERHAD (“MHB”) ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE WITH 35,569,143 NEW DETACHABLE WARRANTS IN MHB ("WARRANTS") FOR FREE ON THE BASIS OF TWO (2) RIGHTS SHARES WITH THREE (3) WARRANTS FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN MHB ("RIGHTS ISSUE")
Period of interest payment to
For year ending/Period ending/ended
Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the entitlements
09/04/2004 to 09/04/2004
Registrar's name ,address, telephone no:
Bina Management (M) Sdn Bhd
Lot 10, The Highway Centre
Jalan 51/205
46050 Petaling Jaya
Selangor Darul Ehsan
Tel: 03 7784 3922
Fax: 03 7784 1988
Payment date
a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers09/04/2004 
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 KLSE on a cum entitlement basis according to the Rules of the KLSE.
Number of new shares/securities issued (units) (If applicable)23712762 
Entitlement indicatorRatio
Ratio 2 : 4
Rights Issues/Offer Price 1

Remarks :

The 23,712,762 Rights Shares will be issued together with 35,569,143 Warrants on the basis of 2 Rights Shares with 3 Warrants for every 4 existing ordinary shares held in MHB. The Rights Shares will be issued at an issue price of RM1.00 per share whilst the attached Warrants (which will be issued together with the Rights Shares) will be issued for free.


Announcement Info

Company NameMARCO HOLDINGS BERHAD  
Stock Name MARCO    
Date Announced23 Mar 2004  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-040323-60539

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