OSK
Bonus Issue
| OSK HOLDINGS BERHAD |
|
EX-date | 21/01/2010 |
| Entitlement date | 25/01/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 190,482,373 new ordinary shares of RM1.00 each in OSK Holdings Berhad ("OSKH" or the "Company") ("OSKH Shares") on the basis of one (1) new OSKH Share ("Bonus Share") for every four (4) existing OSKH Shares held at 5.00 p.m. on 25 January 2010 |
| 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 no | Symphony Share Registrars Sdn Bhd Level 26, Menara Multi-Purpose Capital Square No. 8, Jalan Munshi Abdullah 50100 Kuala Lumpur Tel: 03-2721 2222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25/01/2010 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | 21/01/2010 |
| 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) | 190482373 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 4 |
| Rights Issues/Offer Price | |
| Remarks : |
| The Bonus Issue entails the issuance of up to 190,482,373 Bonus Shares to be issued and credited as fully paid-up on the basis of one (1) Bonus Share for every four (4) existing OSKH Shares held by the entitled shareholders of the Company, whose names appear in the Record of Depositors at 5.00 p.m. on 25 January 2010 ("Entitlement Date"). The date of issuance, listing and quotation of up to 190,482,373 Bonus Shares shall be 26 January 2010, being the next market day following the Entitlement Date. The notices of allotment for the Bonus Shares will be despatched to the entitled shareholders within four (4) market days after the date of listing and quotation for the bonus shares. Following the 1:4 Bonus Issue, the exercise price of OSKH warrants B 2000/2010 ("Warrants") will be adjusted in accordance with the provisions of the deed poll dated 6 January 2000 issued by OSKH constituting the Warrants ("Deed Poll"). Any adjustments to the exercise price of the Warrants will be rounded up to the nearest one (1) sen, pursuant to the Deed Poll. In addition, up to 25,355,207 additional Warrants consequential to the Bonus Issue ("Additional Warrants") will be alloted and issued on 26 January 2010 on the basis of one (1) Additional Warrant for every four (4) existing Warrants held by the entitled Warrant holders of the Company, whose names appear on in the Record of Depositors at 5.00 p.m. on the Entitlement Date. Any adjustments arising from the allotment of the Additional Warrants to each Warrant holder of OSKH will be rounded down to the nearest one (1) Warrant, pursuant to the Deed Poll. The date of the issuance, listing and quotation of the Additional Warrants shall be 26 January 2010, being the next market day following the Entitlement Date. The notices setting out the details of the adjustments to the exercise price of the Warrants and the allotment of the Additional Warrants will be despatch to the entitled Warrant holders in due course. |
Announcement Info
| Company Name | OSK HOLDINGS BERHAD |
| Stock Name | OSK |
| Date Announced | 8 Jan 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OI-100107-62194 |