BJCORP

Others

BERJAYA CORPORATION BERHAD

EX-date

08/10/2013
Entitlement date10/10/2013
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionRESTRICTED OFFERING OF 19,157,000 NEW ORDINARY SHARES OF RM0.50 EACH IN BERJAYA AUTO BERHAD (“BAUTO”) (“ISSUE SHARES”) TO THE ENTITLED SHAREHOLDERS OF BERJAYA CORPORATION BERHAD (“BCORPORATION”) (AS DEFINED HEREIN) IN CONJUNCTION WITH THE LISTING OF BERMAZ MOTOR SDN BHD, VIA BAUTO, ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“RESTRICTED OFFERING”)
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 noBerjaya Registration Services Sdn Bhd
Lot 06-03, Level 6, East Wing
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Telephone no : +603 2145 0533
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers10/10/2013 
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)19157000 
Entitlement indicatorRatio
Ratio 0 : 0
Rights Issues/Offer Price

Remarks :
19,157,000 Issue Shares are reserved for application by the shareholders of BCorporation, except for the Excluded Shareholders (as defined herein), whose names appear in the record of depositors of BCorporation as at 5.00 p.m. on 10 October 2013 (“Entitlement Date”) and who are eligible to participate in the Restricted Offering (“Entitled Shareholders of BCorporation”) as follows:

(a) each Entitled Shareholder of BCorporation who applies for at least 100 Issue Shares will be guaranteed an allocation of 100 Issue Shares; and

(b) any remaining Issue Shares after the allocation under item (a) above will only be allocated to the Entitled Shareholders of BCorporation who apply in excess of 100 Issue Shares. The allocation of the remaining Issue Shares will be based on pro-rata basis according to their respective shareholdings in BCorporation as at the Entitlement Date which is to be rounded down to the nearest board lot with fractional entitlements to be disregarded.

Excluded Shareholders are defined as shareholders of BCorporation as stated in its record of depositors who fall into any one of the following categories as at the Entitlement Date:

(a) major shareholders of BCorporation and persons connected to them;

(b) persons with a registered address in jurisdictions outside Malaysia;

(c) persons who are bound under jurisdictions outside Malaysia in which acquisition of Issue Shares under the Restricted Offering would result in the contravention of the laws of such jurisdictions (whether in the absence of any necessary consent and/or compliance with any registration of other legal requirements or for any other reason); or

(d) persons who are, in the opinion of the Board of Directors of BAuto (on the advice of its legal adviser), necessary or expedient to be excluded from participating in the Restricted Offering by reason of legal or regulatory requirements.

The entitlement of the Entitled Shareholders of BCorporation to participate in the Restricted Offering is non-renounceable and non-tradable. Entitled Shareholders of BCorporation are not allowed to submit multiple applications for the Issue Shares and the Board of Directors of BAuto has the absolute discretion to reject multiple applications. Accordingly, Entitled Shareholders of BCorporation are encouraged to consolidate their shareholdings in BCorporation into a single CDS account for the following reasons:

(i) to avoid multiple applications; and

(ii) subject to the final basis of allocation of the remaining Issue Shares on pro-rata basis, Entitled Shareholders of BCorporation who apply in excess of the guaranteed allocation of 100 Issue Shares may receive additional allocation based on pro-rata basis according to their respective shareholdings in BCorporation as at the Entitlement Date.

Excluded Shareholders, save for the major shareholders of BCorporation and persons connected to them, are advised that they shall be solely responsible to seek their own advice as to the laws of any jurisdiction which they may be subject to. Participation in the Restricted Offering by any of the shareholders of BCorporation shall be based on their warranty to BCorporation and BAuto that they may lawfully so participate without BCorporation, BAuto and/or Maybank Investment Bank Berhad being in breach of the laws of any jurisdiction.

This Announcement is dated 26 September 2013.


Announcement Info

Company NameBERJAYA CORPORATION BERHAD  
Stock Name BJCORP    
Date Announced26 Sept 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-130926-66463


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