6548
Rights Issue
MALAYSIA PACIFIC CORPORATION BERHAD |
EX-date | 29/03/2010 |
Entitlement date | 31/03/2010 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Rights Issue |
Entitlement description | Renounceable two-call rights issue of up to 115,064,528 ordinary shares of RM1.00 each in Malaysia Pacific Corporation Berhad ("MPCorp") ("Rights Shares") together with up to 115,064,528 free detachable warrants ("Warrants") at an issue price of RM1.00 per Rights Share on the basis of two (2) Rights Shares together with two (2) Warrants for every three (3) existing ordinary shares of RM1.00 each in MPCorp held at 5.00 p.m. on 31 March 2010, of which the first call of RM0.45 per Rights Share shall be payable in cash on application and the second call of RM0.55 per Rights Share shall be capitalised from MPCorp’s retained earnings ("Rights Issue") |
Period of interest payment | to |
Financial Year End | |
Share transfer book & register of members will be | 31/03/2010 to 31/03/2010 closed from (both dates inclusive) for the purpose of determining the entitlements |
Registrar's name ,address, telephone no | Tricor Investor Services Sdn Bhd (118401-V) (Formerly known as Tenaga Koperat Sdn Bhd) Level 17, The Garden North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel. No. : 603-2264 3883 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 31/03/2010 |
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 | 2 : 3 |
Rights Issues/Offer Price | 1 |
Remarks : |
The Rights Shares together with the free detachable Warrants which will be issued at an issue price of RM1.00 per Rights Share (of which the first call of RM0.45 per Rights Share is payable in cash on application and the second call of RM0.55 per Rights Share is capitalized from the Company’s retained earnings account) shall be allotted to the existing shareholders of MPCorp whose names appear on the Company’s record of depositors at 5.00 p.m. on 31 March 2010, being the Entitlement Date, on the basis of two (2) Rights Shares together with two (2) Warrants for every three (3) existing Shares held on the Entitlement Date. The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form ("Documents") will be despatched to the shareholders of MPCorp whose name(s) appear in the Record of Depositors on the Entitlement Date ("Entitled Shareholders") not later than two (2) market days from the Entitlement Date. The Abridged Prospectus together with the accompanying Documents will not be sent to foreign Entitled Shareholders or their renouncees/transferees (if applicable) who do not have a registered address in Malaysia. This announcement is dated 17 March 2010. |
Announcement Info
Company Name | MALAYSIA PACIFIC CORPORATION BERHAD |
Stock Name | MPCORP |
Date Announced | 17 Mar 2010 |
Category | Entitlements (Notice of Book Closure) |
Reference No | MM-100228-55480 |