MARCO
Rights Issue
MARCO HOLDINGS BERHAD |
EX-date | 07/04/2004 |
Entitlement date | 09/04/2004 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Rights 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 transfers | 09/04/2004 |
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 indicator | Ratio |
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 Name | MARCO HOLDINGS BERHAD |
Stock Name | MARCO |
Date Announced | 23 Mar 2004 |
Category | Entitlements (Notice of Book Closure) |
Reference No | MM-040323-60539 |