Rights Issue



Entitlement date04/03/2008
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 52,558,326 new ordinary shares of RM1.00 each (“Shares”) (“Rights Shares”) in Sarawak Oil Palms Berhad ("SOPB" or "Company") at an issue price of RM2.40 per Rights Share on the basis of three (3) Rights Shares for every ten (10) existing Shares held in SOPB at the entitlement date
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 noSymphony 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 transfers04/03/2008 
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 indicatorRatio
Ratio 3 : 10
Rights Issues/Offer Price 2.4

Remarks :
The actual number of Rights Shares to be isuued pursuant to the Rights Issue would depend on the issued and paid-up share capital of the Company on the Entitlement Date taking into account any exercise of its existing warrants (2006/2011) and/or options under its Employees' Share Option Scheme (2007/2017) on or prior to the Entitlement Date.

No underwriting for the Rights Issue is required as certain substancial shareholders have given irrevocable written undertakings to fully subscribe for the entire Rights Issue.

The abridged prospectus in relation to the Rights Issue will be dispatched to the entitled shareholders of SOPB not later than three (3) markets days after the Entitlement Date.

This announcement is dated 19 February 2008.

Announcement Info

Stock Name SOP    
Date Announced19 Feb 2008  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-080218-60849

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