GENM
Offer for Sale
| RESORTS WORLD BHD |
|
EX-date | 13/03/2008 |
| Entitlement date | 17/03/2008 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Offer for Sale |
| Entitlement description | Non-renounceable offer for sale by Resorts World Limited ("RWL") (an indirect wholly-owned subsidiary of Resorts World Bhd ("Resorts World")), of its entire equity interest in Genting International Public Limited Company ("GIPLC") to the shareholders of Resorts World ("OFS") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 17/03/2008 to 17/03/2008 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Share registrar for the OFS Tenaga Koperat Sdn Bhd G-01, Ground Floor Plaza Permata Jalan Kampar Off Jalan Tun Razak 50400 Kuala Lumpur Malaysia Tel no.: +6 03 4047 3883 Fax no.: +6 03 4042 6352 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 17/03/2008 |
| 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 | 1 : 10 |
| Rights Issues/Offer Price | 0.88 |
| Remarks : |
| Under the OFS, shareholders whose names appear in Resorts World’s Record of Depositors ("ROD") maintained with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") or Register of Members ("ROM") maintained with Resorts World’s Registrar, Genting Management and Consultancy Services Sdn Bhd as at 5.00 p.m. on 17 March 2008 ("Entitlement Date") ("Entitled Shareholders") will be provisionally offered ordinary shares of USD0.10 each in GIPLC ("Offer Shares") at an offer price of RM0.88 per Offer Share (payable in full upon acceptance) on a pro-rata basis of 1 Offer Share for every 10 existing ordinary shares of RM0.10 each in Resorts World held as at the Entitlement Date. The actual number of Offer Shares to be provisionally offered to the Entitled Shareholders under the OFS will be determined based on Resorts World’s issued and paid-up share capital (net of treasury shares) on the Entitlement Date. A Prospectus and accompanying relevant forms (collectively, the "Documents") setting out the full details of the OFS, including procedures for acceptance, excess application and payment, will be sent to the Entitled Shareholders at their addresses in Malaysia as stated in Resorts World’s ROD or ROM as at the Entitlement Date. The Documents are not intended to comply with the laws of any jurisdiction other than Malaysia and will not be issued, circulated or distributed in countries or jurisdictions other than Malaysia and will not be lodged, registered or approved under any applicable securities or equivalent legislation (or with or by any regulatory authority or other relevant body) of any jurisdiction other than Malaysia. As a result, the Documents will not be sent to the Entitled Shareholders who do not have a Malaysian address (in the records of Resorts World’s ROD or ROM) or who have not provided Bursa Depository or Resorts World’s Registrar, Genting Management and Consultancy Services Sdn Bhd with addresses in Malaysia for the service of notices or documents by the Entitlement Date ("Foreign Holders"). However, Foreign Holders may collect the Documents from the office of the Share Registrar for the OFS at Tenaga Koperat Sdn Bhd, G-01, Ground Floor Plaza Permata, Jalan Kampar Off Jalan Tun Razak, 50400 Kuala Lumpur, who will be entitled to request for evidence as it deems necessary to satisfy itself as to the identity and authority of the person collecting the Documents. The Documents will be available for download from Bursa Malaysia Berhad’s website at www.bursamalaysia.com. Alternatively, Foreign Holders who wish to change their address to a Malaysian address should inform their respective stockbrokers or Resorts World’s Registrar, Genting Management and Consultancy Services Sdn Bhd, as applicable. Any such change must be completed, and notification must be made by the Entitlement Date. Any receipt of notification from Foreign Holders of any change of address to a Malaysian address after the Entitlement Date will be disregarded for the purpose of the OFS. Other important relevant dates for the OFS are as follows: Despatch of the Documents : Friday, 21 March 2008 Last date and time for: - acceptance and payment : Friday, 11 April 2008 at 5.00 p.m.* - excess application and payment : Friday, 11 April 2008 at 5.00 p.m.* Announcement of final acceptance and excess application results and basis of allocation of excess Offer Shares : Wednesday, 23 April 2008 * or such later date and time as the Boards of Directors of Resorts World and RWL, in their absolute discretion, may decide and announce not less than 2 market days before the original last date and time. This announcement is dated 28 February 2008. |
Announcement Info
| Company Name | RESORTS WORLD BHD |
| Stock Name | RESORTS |
| Date Announced | 28 Feb 2008 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-080228-66749 |