LUSTER
Rights Issue
| LUSTER INDUSTRIES BHD. |
|
EX-date | 11/05/2012 |
| Entitlement date | 15/05/2012 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 34,961,715 NEW ORDINARY SHARES OF RM0.10 EACH IN LUSTER INDUSTRIES BHD ("LIB") (“RIGHTS SHARES”) TOGETHER WITH 69,923,430 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH TWO (2) FREE WARRANTS FOR EVERY SEVEN (7) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN LIB AS AT 5.00P.M. ON 15 MAY 2012 ("RIGHTS ISSUE") |
| 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 | AGRITEUM Share Registration Services Sdn Bhd 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Penang Telephone no.: +604 228 2321 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 15/05/2012 |
| 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 : 7 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, the "Documents"), are only to be despatched to shareholders whose names appear in LIB’s Record of Depositors as at 5.00 p.m. on 15 May 2012 ("Entitled Shareholders") at their registered address in Malaysia or who have provided the share registrar, AGRITEUM Share Registration Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 15 May 2012. The Documents will be despatched to Entitled Shareholders not later than two (2) market days from the Entitlement Date. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any country or jurisdiction other than the laws of Malaysia. Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the share registrar to effect the change of address by 5.00 p.m. on 15 May 2012. On even date, LIB has also annouced the Book Closure Date for the Share Split involving the subdivision of every ordinary share of RM0.40 each in LIB into four (4) ordinary shares of RM0.10 each, which will be closed at 5.00p.m. on 15 May 2012. This announcement is dated 30 April 2012. |
Announcement Info
| Company Name | LUSTER INDUSTRIES BHD. |
| Stock Name | LUSTER |
| Date Announced | 30 Apr 2012 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | ML-120416-76975 |