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MERIDIAN

Offer for Sale

MEDA INC. BERHAD

EX-date

24/10/2011
Entitlement date27/10/2011
Entitlement time05:00:00 PM
Entitlement subjectOffer for Sale
Entitlement descriptionRESTRICTED RIGHTS OFFER OF 42,694,094 WARRANTS IN MEDA INC.BERHAD (“MEDA INC” OR THE “COMPANY”) (“RIGHTS WARRANTS”) BY LIM SENG CHAI, TAN KIM SENG, TAN YOU TIONG AND TEH MIN CHUNG (“OFFERORS”) AT AN OFFER PRICE OF RM0.02 PER RIGHTS WARRANT ON A RIGHTS BASIS OF ONE (1) RIGHTS WARRANT FOR EVERY TEN (10) ORDINARY SHARES OF RM0.50 EACH HELD IN MEDA INC (“MEDA INC SHARES”) (EXCLUDING THE 20,000,000 MEDA INC SHARES ISSUED TO THE OFFERORS AS PART OF A PRIVATE PLACEMENT EXERCISE) AT 5.00 P.M. ON 27 OCTOBER 2011 (“RESTRICTED RIGHTS OFFER OF WARRANTS”)
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 noBoardroom Corporate Services (KL) Sdn Bhd
Lot 6.05, Level 6, KPMG Tower
8 First Avenue
Bandar Utama
47800 Petaling Jaya
Selangor Darul Ehsan

Tel: 03-7720 1188
Fax: 03-7720 1111
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers27/10/2011 
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 : 10
Rights Issues/Offer Price 0.02

Remarks :
The abridged prospectus in relation to the Restricted Rights Offer of Warrants accompanying the Notice of Provisional Rights to Allotment of Rights Warrants (“NPA”) and the Rights Subscription Form (“RSF”) will be sent to the entitled shareholders of Meda Inc on 31 October 2011.

The abridged prospectus, together with the NPA and RSF are only dispatched to the entitled shareholders who have a registered address in Malaysia in our Record of Depositors or who have provided our Share Registrar with a registered address in Malaysia in writing prior to the Entitlement Date. The abridged prospectus together with the NPA and RSF, are not intended to be (and will not be) issued, circulated or distributed and the Restricted Rights Offer of Warrants is not intended to be (and will not be) made or offered for purchase or subscription, in any country or jurisdiction other than Malaysia or to persons who are or may be subject to the laws of any country or jurisdiction other than, nor under or in accordance with any laws other than that of, nor lodged, registered or approved by any regulatory authority or relevant body other than those in Malaysia.

This announcement is dated 11 October 2011.


Announcement Info

Company NameMEDA INC. BERHAD  
Stock Name MEDAINC    
Date Announced11 Oct 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-111010-72916