Entitlement date01/07/2003
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement description:Capital distribution of up to 316,638,962 ordinary shares of RM0.50 each in Hong Leong Properties Berhad ("HLPB") to shareholders of Hong Leong Credit Berhad ("HLCB") on the basis of three(3) HLPB ordinary shares of RM0.50 each for every ten(10) existing HLCB ordinary shares of RM1.00 each held ("Capital Distribution")
Period of interest payment to
For year ending/Period ending/ended
Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no:Hong Leong Nominees Sdn Bhd
Level 5, Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur
(Telephone number : 03-2164 1818)
Payment date
a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers01/07/2003 
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 KLSE on a cum entitlement basis according to the Rules of the KLSE.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 3 : 10
Rights Issues/Offer Price

Remarks :
The aforementioned number of ordinary shares of RM0.50 each in HLPB to be distributed to shareholders of HLCB pursuant to the Capital Distribution is subject to the actual issued and paid-up share capital of HLCB as at the Entitlement Date.

Warrant holders of HLCB will NOT qualify for entitlement to the Capital Distribution UNLESS they lodge their duly completed relevant subscription forms together with the subscription monies at the exercise price of RM4.99 for every one(1) new ordinary share of RM1.00 each in HLCB subscribed with HLCB's share registrar, namely, Hong Leong Nominees Sdn Bhd at Level 5, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur, Malaysia prior to 5.00 p.m. on 25 June 2003.

Warrant holders who do not exercise their subscription rights and whose names appear in the warrants register on 1 July 2003 shall be entitled to an adjustment to the exercise price of the said warrants pursuant to the Deed Poll dated 25 June 1997 and supplemented by a Supplemental Deed Poll dated 26 January 2000 constituting the said warrants.

An information circular on the adjustment to the exercise price will be despatched to the warrant holders in due course.

This announcement is dated 12 June 2003.

Announcement Info

Stock Name HLCRED    
Date Announced12 Jun 2003  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-030528-53432

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