Others
| JIN LIN WOOD INDUSTRIES BERHAD |
|
EX-date | 10/11/2006 |
| Entitlement date | 14/11/2006 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | Scheme of Arrangement with Shareholders which entails the following :- 1) Reduction of the existing issued and paid-up share capital of Jin Lin Wood Industries Berhad ("Jin Lin") of RM44,000,000 comprising 44,000,000 ordinary shares of RM1.00 each in Jin Lin ("Jin Lin Shares") to RM8,800,000 comprising 44,000,000 ordinary shares of RM0.20 each in Jin Lin ("Reduction"); 2) Consolidation of 44,000,000 ordinary shares of RM0.20 each in Jin Lin into 8,800,000 Jin Lin Shares upon completion of the Reduction ("Consolidation"); 3) Cancellation of the entire issued and paid-up share capital of Jin Lin of RM8,800,000 comprising 8,800,000 Jin Lin Shares upon completion of the Consolidation ("Cancellation"); 4) In consideration for the Cancellation, Gefung Holdings Berhad ("Gefung") shall allot and issue to the shareholders of Jin Lin, 8,800,000 new ordinary shares of RM1.00 each in Gefung ("Gefung Shares") at par, credited as fully paid-up on the basis of one (1) new Gefung Share for every one (1) Jin Lin Share held after the Consolidation. 5) Forthwith and contingent upon the Cancellation, Jin Lin shall apply an amount of RM8,800,000 out of the credit reserve arising in paying in full at par, 8,800,000 Jin Lin Shares which shall be allotted and issued, credited as fully paid-up to Gefung. |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 14/11/2006 to 14/11/2006 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 : 03-27212222 Fax : 03-27212530 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 14/11/2006 |
| 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 indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issues/Offer Price | |
| Remarks : |
| The trading of Jin Lin Shares will be suspended for three (3) clear market days on 8 November 2006 prior to the books closure date on 14 November 2006. Shareholders/Entitled Shareholders whose names appear in the Record of Depositors of Jin Lin as at the Entitlement Date will be entitled to the new Gefung Shares. An information circular in relation to the notice of books closure will be despatched to the shareholders of Jin Lin. |
Announcement Info
| Company Name | JIN LIN WOOD INDUSTRIES BERHAD |
| Stock Name | JINLIN |
| Date Announced | 19 Oct 2006 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | C&-061019-841E4 |