PJDEV
Rights Issue
| PJ DEVELOPMENT HOLDINGS BERHAD |
|
EX-date | 08/11/2010 |
| Entitlement date | 10/11/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | (a) Renounceable rights issue of up to 213,811,972 new warrants in PJ Development Holdings Berhad (“PJD” or the “Company”) (“Warrant(s) C”) to all the shareholders of PJD on the basis of three (3) Warrants C for every eight (8) existing ordinary shares of RM1.00 each held in PJD (“PJD Shares” or “Shares”) as at 5.00 p.m. on 10 November 2010 (“Entitlement Date”) (“Rights Issue”); and (b) Restricted issue of up to 42,762,337 Warrants C to the holders of the unexercised 2000/2010 Warrants B on 29 October 2010, being the expiry date of the 2000/2010 Warrants B (“Expiry Date”) on the basis of three (3) Warrants C for every eight (8) unexercised 2000/2010 Warrants B held on the Expiry Date (“Restricted Issue”) (collectively known as the “Corporate Exercises”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Telephone No.: 03-7841 8000 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 10/11/2010 |
| 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 | 3 : 8 |
| Rights Issues/Offer Price | 0.02 |
| Remarks : |
| The expressions applied in this announcement shall have the same meaning ascribed to them as set out in the announcement dated 26 July 2010 in relation to the Corporate Exercises. 1.Number of Warrants C to be issued The final number of the total Warrants C to be issued pursuant to the Rights Issue and Restricted Issue would depend on the issued and paid-up share capital of PJD on 10 November 2010 and the number of unexercised 2000/2010 Warrants B on the Expiry Date respectively. 2.Ratio of Warrants C The above ratio relates to the entitlement to the Warrants C as set out as follows:- (a) three (3) Warrant C for every eight (8) PJD Shares held as at 5.00 p.m. on 10 November 2010 under the Rights Issue; and (b) three (3) Warrant C for every eight (8) unexercised 2000/2010 Warrants B held on the Expiry Date under the Restricted Issue. The Abridged Prospectus, together with the Notice of Provisional Allotment, Rights Subscription Form and/or Provisional Allotment Letter will be despatched to the Entitled Shareholders and/or Entitled Warrant Holders not later than two (2) market days from the Entitlement Date. This announcement is dated 26 October 2010. |
Announcement Info
| Company Name | PJ DEVELOPMENT HOLDINGS BERHAD |
| Stock Name | PJDEV |
| Date Announced | 26 Oct 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OI-101026-39513 |