PGLOBE

Rights Issue

GOH BAN HUAT BERHAD

EX-date

12/03/2010
Entitlement date16/03/2010
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 123,838,022 NEW ORDINARY SHARES OF RM1.00 EACH IN GOH BAN HUAT BERHAD (“GBH” OR “THE COMPANY”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE WITH A FIRST CALL PRICE OF RM0.60, PAYABLE IN CASH UPON ACCEPTANCE AND THE SECOND CALL PRICE OF RM0.40 TO BE CAPITALISED FROM THE COMPANY’S REVALUATION RESERVES ACCOUNT, TOGETHER WITH UP TO 61,919,011 DETACHABLE WARRANTS FOR FREE (“WARRANTS”), ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT FOR EVERY 1 ORDINARY SHARE OF RM1.00 EACH IN GBH (“GBH SHARE”) HELD AT 5.00 P.M. ON 16 MARCH 2010 (“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 noTricor Investor Services Sdn Bhd
(formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: 03-2264 3883 Fax: 03-2282 1886
Email: [email protected]
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers16/03/2010 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit12/03/2010 
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)123838022 
Entitlement indicatorRatio
Ratio 2 : 1
Rights Issues/Offer Price 1

Remarks :
The Extraordinary General Meeting (“EGM”) to seek shareholders’ approval for the resolutions on the Rights Issue and the increase in authorised share capital of GBH (“IASC”) will be held on 8 March 2010. On 22 February 2010, Tan Sri Dato’ Tan Hua Choon, a substantial shareholder of GBH holding 73.55% equity interest in GBH as at that date, has given his irrevocable written undertaking to, amongst others, vote in favour of the Rights Issue and IASC at the forthcoming EGM of the Company.

The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue will be despatched on 18 March 2010 to the entitled shareholders of GBH whose names appear on the Record of Depositors of GBH on 16 March 2010.

The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of GBH:

(i) who do not have a registered address in Malaysia in the Record of Depositors; or

(ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 16 March 2010, being the entitlement date for the Rights Issue.

(This announcement is dated 1 March 2010)


Announcement Info

Company NameGOH BAN HUAT BERHAD  
Stock Name GBH    
Date Announced1 Mar 2010  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-100301-52783


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