MBL
Rights Issue
| MUAR BAN LEE GROUP BERHAD |
|
EX-date | 29/10/2012 |
| Entitlement date | 31/10/2012 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 46,000,000 WARRANTS IN MUAR BAN LEE GROUP BERHAD (“MBL”) (“WARRANT(S)”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN MBL (“MBL SHARES”) HELD AS AT 5.00 P.M. ON 31 OCTOBER 2012 AT AN ISSUE PRICE OF RM0.10 PER WARRANT (“RIGHTS ISSUE OF WARRANTS”) |
| 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 | Plantation Agencies Sdn Berhad 3rd Floor, Standard Chartered Bank Chambers Lebuh Pantai 10300 Pulau Pinang Tel. No.: (604) 262 5333 Fax No.: (604) 262 2018 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 31/10/2012 |
| 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) | 46000000 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the “Documents”), will only be dispatched to the shareholders of MBL whose name appears on the Records of Depositors at 5.00 p.m. on 31 October 2012 (“Entitled Shareholders”) at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 31 October 2012. The Documents will also be made available on Bursa Malaysia Securities Berhad’s website(www.bursamalaysia.com) from 31 October 2012 onwards. The Documents will not be dispatched to the foreign Entitled Shareholders who have not provided an address in Malaysia. Foreign Entitled Shareholders who do not have an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 31 October 2012. The Documents will be dispatched to the Entitled Shareholders on 2 November 2012. The last date and time for acceptance, excess application and payment for the Warrants is 19 November 2012 at 5.00 p.m. or such later date and time as the Board of Directors of MBL may determine and announce not less than two (2) market days before the stipulated date and time. This announcement is dated 16 October 2012. |
Announcement Info
| Company Name | MUAR BAN LEE GROUP BERHAD |
| Stock Name | MBL |
| Date Announced | 16 Oct 2012 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-121016-44356 |