AVI

Bonus Issue

RELIANCE PACIFIC BERHAD

EX-date

19/08/2004
Entitlement date23/08/2004
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement description:BONUS ISSUE OF UP TO 31,204,514 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARES") ON THE BASIS OF ONE (1) NEW SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD AT 5.00 PM ON 23 AUGUST 2004
Period of interest payment to
Financial Year End
Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the entitlements
to
Registrar's name ,address, telephone no:Symphony Share Registrars Sdn Bhd
(formerly known as Malaysian Share Registration Services 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 transfers23/08/2004 
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 1 : 4
Rights Issues/Offer Price

Remarks :
1. Actual Amount Of Bonus Shares To Be Issued

The actual amount of new Shares to be issued pursuant to the Bonus Issue would depend on the issued and paid-up share capital of Reliance Pacific Berhad ("RPB" or "the Company") on the Entitlement Date, taking into account any exercise of its existing warrants which may be exercised by 5.00 pm on 9 August 2004.

Warrant holders will qualify for the entitlement of the Bonus Issue if the warrant holders exercise their rights to subscribe for RPB Shares by lodging the validly completed warrant subscription forms together with the exact subscription monies in the manner stipulated in the deed poll and supplemental deed polls constituting the warrants, with RPB’s registrar, Symphony Share Registrars Sdn Bhd (formerly known as Malaysian Share Registration Services Sdn Bhd), Level 26, Menara Multi Purpose, Capital Square, No. 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur, by 5.00 pm on 9 August 2004 in order for the RPB Shares to be transferred into the respective depositor’s securities account by the Entitlement Date.

2. Book Closure Date For Two-Call Rights Issue

On 4 August 2004, RPB had also announced the book closure date for the two-call rights issue of up to 62,409,028 new Shares at an issue price of RM1.00 each (of which the first call of RM0.65 is payable in cash on application and the second call of RM0.35 is payable out of the company’s share premium account) on the basis of one (1) new Share for every two (2) existing Shares held on 23 August 2004 being the entitlement date for the two-call rights issue (“Two-Call Rights Issue”). The Rights Shares shall not be entitled to the Bonus Issue and the Bonus Shares shall not be entitled to the Two-Call Rights Issue.

3. Adjustments To The Warrants Of RPB

Taking into account both the Bonus Issue and the Two-Call Rights Issue, warrant holders who do not exercise their subscription rights by 5.00 pm on 9 August 2004 shall be entitled to certain adjustments to the subscription price and number of warrants, in accordance to the provisions of the deed poll dated 5 April 1995 constituting the warrants. An information circular setting out the said adjustments will be despatched to the warrant holders in due course.

This announcement is dated 4 August 2004.


Announcement Info

Company NameRELIANCE PACIFIC BERHAD  
Stock Name RPB    
Date Announced4 Aug 2004  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-040731-39491

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