MAHSING-WC - Notice of Book Closure

Adjustments to the exercise price and number of outstanding 2015/2020 warrants of Mah Sing Group Berhad ("Mah Sing") constituted by a deed poll dated 15 January 2015 ("Warrant C 2015/2020 Deed Poll") and expiring on 21 February 2020 ("Warrant C 2015/2020"), made in accordance with the provisions under the Warrant C 2015/2020 Deed Poll consequential to a bonus issue of up to 607,413,668 new ordinary shares of RM0.50 each in Mah Sing ("Mah Sing Shares") ("Bonus Shares"), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every four (4) existing Mah Sing Shares held by the entitled shareholders of Mah Sing as at 5.00 p.m. on 10 June 2015 ("Entitlement Date") ("Bonus Issue"). 

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 8 Jun 2015
2)  The last date of lodgment : 10 Jun 2015

Remarks 1):- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 11 June 2015 with adjustment to the number of outstanding MAHSING-WC shares, any shareholder who is entitled to receive MAHSING-WC additional shares may now sell any or all of his MAHSING-WC shares arising from adjustment consequent to the bonus issue beginning the Ex-Date (8 June 2015). 

For example, if Mr X purchases 400 MAHSING-WC shares on cum basis on 5 June 2015, Mr X should receive 400 shares on 10 June 2015. Consequent to a bonus issue, a total of 500 MAHSING-WC shares will be credited into Mr X's CDS account on the night of 10 June 2015 being the Book Closing Date. Therefore, Mr X can sell the MAHSING-WC shares of 500 on or after the Ex-Date ie from 8 June 2015 onwards."

Remarks 2:- Holders of Mah Sing's Warrant C 2015/2020 ("Warrant C 2015/2020 Holders") who wish to be entitled to the Bonus Issue shall exercise their rights to subscribe for new Mah Sing Shares by lodging their duly completed exercise forms together with the relevant subscription monies with Mah Sing's Share Registrar (at the address stated above) on or before 5.00 p.m. on 1 June 2015. Please refer to the general announcement on the Bonus Issue dated 27 May 2015 in relation to the adjustments to the exercise price and number of outstanding Warrant C 2015/2020 of Mah Sing for further details. This announcement is dated 27 May 2015.