5060
Rights Issue
| KINSTEEL BERHAD |
|
EX-date | 21/03/2005 |
| Entitlement date | 23/03/2005 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description: | RENOUNCEABLE RIGHTS ISSUE OF 50,000,000 NEW ORDINARY SHARES OF RM1.00 EACH ("RIGHTS SHARES") TOGETHER WITH 40,000,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF FIVE (5) RIGHTS SHARES WITH FOUR (4) FREE WARRANTS FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN KINSTEEL BERHAD ("RIGHTS ISSUE") |
| 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 | 23/03/2005 to 23/03/2005 |
| Registrar's name ,address, telephone no: | Tenaga Koperat Sdn Bhd 20th Floor, Plaza Permata Jalan Kampar Off Jalan Tun Razak Kuala Lumpur 03-4041 6522 |
| Payment date | |
| a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 23/03/2005 |
| 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) | 50000000 |
| Entitlement indicator | Ratio |
| Ratio | 5 : 6 |
| Rights Issues/Offer Price | 1.36 |
Announcement Info
| Company Name | KINSTEEL BERHAD |
| Stock Name | KINSTEL |
| Date Announced | 4 Mar 2005 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OS-050304-43520 |