Others
| KULIM (MALAYSIA) BERHAD |
| EX-date | 23 Jun 2016 |
| Entitlement date | 27 Jun 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Others |
| Entitlement description | Selective capital reduction and repayment exercise of Kulim (Malaysia) Berhad ("Kulim" or the "Company") pursuant to Section 64 of the Companies Act, 1965 ("SCR") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | PRO CORPORATE MANAGEMENT SERVICES SDN BHD Level 16, Menara KOMTAR Johor Bahru City Centre 80000 Johor Bahru Johor Darul Takzim Tel : +607 226 7476 / +607 219 5064 Fax : +607 222 3044 |
| Payment date | 05 Jul 2016 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 27 Jun 2016 |
| 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 | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 4.1 |
| Par Value | Malaysian Ringgit (MYR) 0.250 |
| Remarks : |
Under the SCR, the ordinary shareholders of Kulim, other than Johor Corporation ("JCorp") and the persons acting in concert with JCorp, being JCorp Capital Solutions Sdn Bhd, Intrapreneur Development Sdn Bhd, Johor Ventures Sdn Bhd and Tenaga Utama (Johor) Berhad ("Entitled Shareholders"), whose names appear on the Record of Depositors of Kulim on the Entitlement Date shall be entitled to receive a cash amount of RM4.10 for each existing ordinary shares of RM0.25 each in Kulim ("Kulim Share(s)") held by the Entitled Shareholders on the Entitlement Date ("SCR Cash Amount").
The settlement of the SCR Cash Amount will be effected via electronic remittance to the eDividend accounts duly registered with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"). For the Entitled Shareholders who do not maintain eDividend accounts, the settlement of the SCR Cash Amount will be effected via remittance in the form of cheques, bankers drafts and/or cashiers orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders registered address last maintained with Bursa Depository at their own risk within ten (10) days from the Entitlement Date.
The trading of Kulim Shares on the Official List of the Main Market of Bursa Malaysia Securities Berhad ("Official List") will be suspended with effect from 9.00 a.m. on Monday, 20 June 2016 being three (3) clear market days prior to the Entitlement Date. Accordingly, the last day for trading of Kulim Shares on the Official List prior to the suspension will be at 5.00 p.m. on Friday, 17 June 2016.
The Kulim Shares will no longer be traded on the Official List following its suspension on Monday, 20 June 2016. For the avoidance of doubt, the trading of Kulim Shares will continue to be suspended with effect from 9.00 a.m. on Monday, 20 June 2016 until the delisting of Kulim from the Official List following the completion of the SCR.
The notice to shareholders in relation to the suspension of trading of Kulim Shares and the Entitlement Date for the SCR will be despatched to Kulim's shareholders on 13 June 2016.
Any enquiries concerning this notice of book closure date should be addressed to the share registrar of Kulim at the abovementioned contact details.
This announcement is dated 10 June 2016. |
Announcement Info
| Company Name | KULIM (MALAYSIA) BERHAD |
| Stock Name | KULIM |
| Date Announced | 10 Jun 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-10062016-00007 |