M&G

Rights Issue

SILK HOLDINGS BERHAD

EX-date

10/09/2009
Entitlement date14/09/2009
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionSILK HOLDINGS BERHAD ("SHB" OR "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF UP TO RM10.0 MILLION NOMINAL VALUE 3.00% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS-A (“RCULS-A”) AT 100% OF ITS NOMINAL VALUE OF RM1.00 EACH ON THE BASIS OF ONE (1) RCULS-A FOR EVERY EIGHTEEN (18) EXISTING ORDINARY SHARES OF RM0.50 EACH IN SHB HELD AT 5.00 P.M. ON 14 SEPTEMBER 2009 TO BE UNDERTAKEN BASED ON A MINIMUM SUBSCRIPTION LEVEL OF RM3,616,156 NOMINAL VALUE RCULS-A ("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 noSymphony Share Registrars Sdn Bhd
Level 26, Menara Multi-Purpose, Capital Square
No. 8, Jalan Munshi Abdullah
50100 Kuala Lumpur
Wilayah Persekutuan
Tel: 03-2721 2222
Payment date
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers14/09/2009 
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 : 18
Rights Issues/Offer Price 1

Remarks :
The documents relating to the Rights Issue will be despatched to the entitled shareholders of SHB on 16 September 2009 except for foreign entitled shareholders of SHB who do not have a registered address in Malaysia as stated in the Register of Depositors of SHB on the Entitlement Date.

This announcement is dated 28 August 2009.


Announcement Info

Company NameSILK HOLDINGS BERHAD  
Stock Name SILKHLD    
Date Announced28 Aug 2009  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-090826-42330


View original