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METROD

Others

METROD (MALAYSIA) BERHAD

EX-date

08/09/2011
Entitlement date12/09/2011
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionExchange of the entire 60,000,000 issued and paid-up ordinary shares of RM1.00 each in Metrod (Malaysia) Berhad (“Metrod”) (“Metrod Shares”) at 5.00 p.m. with 120,000,000 ordinary shares of RM0.50 each in a new investment holding company, Metrod Holdings Berhad (“NewCo”) (“NewCo Shares”), via a scheme of arrangement under Section 176 of the Companies Act, 1965 on the basis of 2 new NewCo shares for every 1 Metrod share held (“Share Exchange”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be 12/09/2011 to 12/09/2011 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Tel: (603) 2264 3883
Fax: (603) 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers12/09/2011 
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)120000000 
Entitlement indicatorRatio
Ratio 2 : 1
Rights Issues/Offer Price

Remarks :
This announcement is made on behalf of Metrod. The shareholders of Metrod whose names appear on the Record of Depositors of Metrod at the close of business at 5.00 p.m. on Monday, 12 September 2011 (“Entitlement Date”), shall be entitled to the Share Exchange on the basis of 2 new NewCo Shares for every 1 Metrod Share held.

In order to facilitate the Share Exchange, the trading of Metrod Shares on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m. on 6 September 2011, being a date which is 3 clear market days prior to the Entitlement Date. The suspension will continue until the admission of NewCo to the Official List of Bursa Securities and the listing of and quotation for the new NewCo Shares to be issued under the Share Exchange on the Main Market of Bursa Securities.

This announcement is dated 22 August 2011.


Announcement Info

Company NameMETROD (MALAYSIA) BERHAD  
Stock Name METROD    
Date Announced22 Aug 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-110822-43252