MERIDIAN
Offer for Sale
MEDA INC. BERHAD |
EX-date | 24/10/2011 |
Entitlement date | 27/10/2011 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Offer for Sale |
Entitlement description | RESTRICTED 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 no | Boardroom 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 transfers | 27/10/2011 |
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 indicator | Ratio |
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 Name | MEDA INC. BERHAD |
Stock Name | MEDAINC |
Date Announced | 11 Oct 2011 |
Category | Entitlements (Notice of Book Closure) |
Reference No | MI-111010-72916 |