NYLEX
Others
| NYLEX (MALAYSIA) BERHAD |
|
EX-date | 21/06/2004 |
| Entitlement date | 23/06/2004 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description: | CAPITAL DISTRIBUTION BY NYLEX TO ITS SHAREHOLDERS TO BE EFFECTED THROUGH THE FOLLOWING: (A) CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF NYLEX FROM RM224,487,720 COMPRISING 224,487,720 ORDINARY SHARES OF RM1.00 EACH TO RM112,243,860 COMPRISING 224,487,720 ORDINARY SHARES OF RM0.50 EACH VIA THE CANCELLATION OF RM0.50 FROM EACH EXISTING ORDINARY SHARE OF RM1.00 PAR VALUE IN NYLEX PURSUANT TO AN ORDER OF THE HIGH COURT OF MALAYA UNDER SECTION 64 OF THE COMPANIES ACT, 1965 RESULTING IN A CAPITAL RESERVE OF RM112,243,860 TO BE UTILISED FOR THE CAPITAL DISTRIBUTION ("CAPITAL REDUCTION") (B) CONSOLIDATION OF 224,487,720 ORDINARY SHARES OF RM0.50 EACH IN NYLEX AFTER THE CAPITAL REDUCTION INTO 112,243,860 ORDINARY SHARES OF RM1.00 EACH ON THE BASIS OF TWO (2) ORDINARY SHARES OF RM0.50 EACH INTO ONE (1) ORDINARY SHARE OF RM1.00 EACH IN NYLEX HELD AT THE BOOKS CLOSURE DATE ("SHARE CONSOLIDATION") (C) CAPITAL DISTRIBUTION OF NYLEX’S ENTIRE INVESTMENT IN TAMCO CORPORATE HOLDINGS BERHAD ("TAMCO") OF RM112,243,860 COMPRISING 224,487,720 ORDINARY SHARES OF RM0.50 EACH ON THE BASIS OF TWO (2) TAMCO SHARES FOR EACH CONSOLIDATED NYLEX SHARE HELD ("CAPITAL DISTRIBUTION") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be closed from (both dates inclusive) for the purpose of determining the entitlements | 23/06/2004 to 23/06/2004 |
| Registrar's name ,address, telephone no: | PFA Registration Services Sdn Bhd, Level 13, Uptown 1, No.1, Jalan SS21/58, Damansara Uptown, 47400 Petaling Jaya, Selangor Darul Ehsan (Tel. No.: 03-77254888) |
| Payment date | |
| a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 23/06/2004 |
| 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 | 2 : 1 |
| Rights Issues/Offer Price | |
Announcement Info
| Company Name | NYLEX (MALAYSIA) BERHAD |
| Stock Name | NYLEX |
| Date Announced | 7 Jun 2004 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-040607-40253 |