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Rights Issue

TH HEAVY ENGINEERING BERHAD

EX-date

10/07/2012
Entitlement date12/07/2012
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 360,069,158 ordinary shares of RM0.25 each in THHE (“Rights Share(s)”) at an issue price of RM0.40 per Rights Share on the basis of two (2) Rights Shares for every five (5) existing ordinary shares of RM0.25 each held in THHE at 5.00 p.m. on 12 July 2012 (“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 noSECURITIES SERVICES (HOLDINGS) SDN BHD
LEVEL 7, MENARA MILENIUM,
JALAN DAMANLELA,
PUSAT BANDAR DAMANSARA
DAMANSARA HEIGHTS
50490 KUALA LUMPUR

TELEPHONE NO: 03-2084 9000
FAX: 03-2094 9940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers12/07/2012 
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)360069158 
Entitlement indicatorRatio
Ratio 2 : 5
Rights Issues/Offer Price 0.4

Remarks :
Shareholders whose names appear in the Record of Depositors of the Company as at the Entitlement Date are entitled to participate in the Rights Issue based on the number of Shares held as at the Entitlement Date.

The Abridged Prospectus together with the Notice Of Provisional Allotment and Rights Subscription Form (collectively, “Documents”), are only despatched to the shareholders of THHE whose names appear on the Record of Depositors as at 5.00 p.m. on 12 July 2012 (“Entitled Shareholders”) at their address in Malaysia or who have provided the share registrar of THHE with an address in Malaysia in writing by 5.00 p.m. on 12 July 2012.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

Pursuant to the Proposed Rights Issue, on behalf of the Board of Directors of THHE, AmInvestment Bank also wishes to announce that no adjustment will be required to be made to the exercise price of the existing warrants and the number of existing warrants in accordance with the formula stated in Clause C of the Fourth Schedule in the Deed Poll dated 30 November 2004.

Accordingly, no notice of the Adjustment will be despatched to the holders of the existing warrants.

This announcement is dated 28 June 2012.


Announcement Info

Company NameTH HEAVY ENGINEERING BERHAD  
Stock Name THHEAVY    
Date Announced28 Jun 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoMB-120628-52339


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