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E&O

Rights Issue

EASTERN & ORIENTAL BERHAD

EX-date

06/06/2006
Entitlement date08/06/2006
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement description
EASTERN & ORIENTAL BERHAD ("EOB" OR THE "COMPANY")

FUND RAISING COMPRISING:-

(I) RIGHTS ISSUES INVOLVING:-

A. A RIGHTS SHARES PACKAGE COMPRISING A RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF NEW EOB STOCK UNITS ("RIGHTS STOCK UNITS") TOGETHER WITH AN OFFER FOR SALE BY EOB OF SHARES IN E & O PROPERTY DEVELOPMENT BERHAD ("EOPD OFFER SHARES") ("RIGHTS SHARES PACKAGE"); AND

B. A RENOUNCEABLE RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("ICULS") IN EOB ("RIGHTS ICULS ISSUE"); AND

(II) A RESTRICTED ISSUE OF EOB ICULS TO THE ELIGIBLE MANAGEMENT STAFF OF EOB

* THIS ANNOUNCEMENT, MARKED AS "PART A", IS PART OF A COMPOSITE SET OF THREE (3) ANNOUNCEMENTS *
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 noMetra Management Sdn Bhd
30.02 30th Floor
Menara Multi-Purpose
Capital Square
8 Jalan Munshi Abdullah
50100 Kuala Lumpur
Telephone No: 603-2698 3232
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers08/06/2006 
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 indicatorRatio
Ratio 1 : 3
Rights Issues/Offer Price

Remarks :

1. RATIO

The ratio as set out above relates to the entitlements pursuant to the Rights Shares Package, i.e. one (1) Rights Stock Unit and one (1) EOPD Offer Share for every three (3) existing EOB Stock Units held at 5.00 p.m. on 8 June 2006.

The ratio in respect of the Rights ICULS Issue has been set out in a separate announcement dated 22 May 2006, which has been marked as "Part B".

2. ISSUE/OFFER PRICE

Rights Stock Unit: RM1.00 Each
(of which the first call of RM0.35 is payable in cash on application and the second call of RM0.65 is payable out of the Company’s share premium account)

EOPD Offer Share: RM0.65 Each

3. FURTHER INFORMATION

Please refer to the other two (2) announcements dated 22 May 2006 in relation to the Fund Raising, which together with this announcement comprises the full composite announcement, for FULL DETAILS of the entitlements to the Rights Issues.

This announcement is dated 22 May 2006.


Announcement Info

Company NameEASTERN & ORIENTAL BERHAD  
Stock Name E&O    
Date Announced22 May 2006  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-060510-72593