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TAN & TAN DEVELOPMENTS BHD

EX-date09/04/2002
Entitlement date11/04/2002
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement description:Acquisition of the entire equity interest in Tan & Tan Developments Berhad ("Tan&Tan") comprising of 320,632,828 ordinary shares of RM1.00 each in Tan&Tan ("Tan&Tan Shares") by Gold IS Berhad ("Gold IS") from all the shareholders of Tan&Tan for a total purchase consideration of RM1,153,111,781 to be satisfied by the issuance of 320,632,828 new ordinary shares of RM1.00 each in Gold IS ("Gold IS Shares") on the basis of one (1) new Gold IS Share for every one (1) Tan&Tan Share held ("Tan&Tan Acquisition")
Period of interest payment to
For year ending/Period ending/ended
Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the entitlements
11/04/2002 to 11/04/2002
Registrar's name ,address, telephone no:IGB Corporation Berhad
[Share Registration Department]
23rd Floor, Menara IGB
No. 1, The Boulevard
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Tel No.: 03-2289 8989
Payment date
a) Securities transferred into the Depositor's Securities Account before 12:30 pm in respect of ordinary transfers11/04/2002 
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 KLSE on a cum entitlement basis according to the Rules of the KLSE
Number of new shares/securities issued (units) (If applicable)320632828 
Entitlement indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price

Remarks :
The trading of Tan&Tan Shares on the Main Board of the Kuala Lumpur Stock Exchange ("KLSE") will be suspended with effect from 9.00 a.m. on 5 April 2002 to facilitate the Tan&Tan Acquisition. Hence, the last day for trading of Tan&Tan Shares on the Main Board of the KLSE shall be 4 April 2002. Upon completion of the Tan&Tan Acquisition, the trading of new Gold IS Shares shall take place after all relevant Gold IS Shares have been credited into the respective Securities Accounts of the entitled Tan&Tan shareholders.

This announcement is dated 14 March 2002


Announcement Info

Company NameTAN & TAN DEVELOPMENTS BHD  
Stock Name TAN&TAN    
Date Announced14 Mar 2002  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-020308-1B0A1

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