ATTA-WB

0.005

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OTHERS SMPC CORPORATION BHD. (“SMPC” OR “COMPANY”) Adjustment to the number of the outstanding warrants 2012/2022 of SMPC Corporation Bhd (“SMPC”) in accordance with the provisions of the deed poll dated 28 March 2012 (“Deed Poll”) consequent to the renounceable two-call rights issue of up to 300,410,014 new ordinary shares of RM1.00 each in SMPC (“SMPC Share(s)”) (“Rights Shares”) together with up to 150,205,007 free new detachable warrants (“Warrants C”) at an issue price of RM1.00 per Rights Share on the basis of two (2) Rights Shares together with one (1) Warrant C for every two (2) existing SMPC Shares held at 5.00 p.m. on 27 October 2014 (“Entitlement Date”), of which the first call of RM0.90 will be payable in cash on application and the second call of RM0.10 is to be capitalised from the Company’s reserves, based on a minimum subscription level of 20,000,000 Rights Shares together with 10,000,000 Warrants C (“Rights Issue with Warrants”)("Adjustment")

SMPC CORPORATION BHD

Type	Announcement
Subject	OTHERS
Description	SMPC CORPORATION BHD. (“SMPC” OR “COMPANY”) Adjustment to the number of the outstanding warrants 2012/2022 of SMPC Corporation Bhd (“SMPC”) in accordance with the provisions of the deed poll dated 28 March 2012 (“Deed Poll”) consequent to the renounceable two-call rights issue of up to 300,410,014 new ordinary shares of RM1.00 each in SMPC (“SMPC Share(s)”) (“Rights Shares”) together with up to 150,205,007 free new detachable warrants (“Warrants C”) at an issue price of RM1.00 per Rights Share on the basis of two (2) Rights Shares together with one (1) Warrant C for every two (2) existing SMPC Shares held at 5.00 p.m. on 27 October 2014 (“Entitlement Date”), of which the first call of RM0.90 will be payable in cash on application and the second call of RM0.10 is to be capitalised from the Company’s reserves, based on a minimum subscription level of 20,000,000 Rights Shares together with 10,000,000 Warrants C (“Rights Issue with Warrants”)("Adjustment")
On behalf of the Board of Directors of SMPC, Public Investment Bank Berhad wishes to announce that the Entitlements (Notice of Book Closure) in relation to the Adjustment. The entitlement date and the entitlement time for the Adjustment are on 27 October 2014 at 5.00 p.m. while the ex-date of the Adjustment is on 23 October 2014. The securities transferred into the depositor's securities account before 4.00 p.m. in respect of transfers shall be on 27 October 2014. The ratio entitlement indicator shall be 1:1. The details of the registrar are as follow: Symphony Share Registrars Sdn Bhd Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya, Selangor Helpdesk Tel: 603-7849 0777 Fax: 603-7841 8151/52 Effective on 28 October 2014, being the commencement of the next market day following the Entitlement Date, the number of outstanding Warrants B shall be adjusted in accordance with the provisions of the Deed Poll consequent to the Rights Issue with Warrants (“Adjustment”). Warrants B holders whose names appear in the Record of Depositors for the outstanding Warrants B as at 5.00 p.m. on the Entitlement Date (“Warrant Holders”) would be entitled to the Adjustments. As a result of the Adjustments, up to 1,045,045 additional Warrants B will be listed and quoted simultaneously with the Rights Shares and Warrants C on 25 November 2014. A notification to the Warrants Holders setting out the details of such Adjustments will be despatched to the Warrants Holders in due course. In accordance with the provisions of the Deed Poll, no adjustment will be made to the exercise price of the outstanding Warrants B as the exercise price is at RM1.00, being the par value of the SMPC Shares. Any adjustment to the number of Warrants B held by each Warrants B holder will be rounded down to the nearest whole Warrant B. This announcement is dated 24 October 2014.

Announcement Info

Company Name	SMPC CORPORATION BHD
Stock Name	SMPC-WB
Date Announced	24 Oct 2014
Category	General Announcement
Reference No	MM-141024-E1CA4

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