PUNCAK

Rights Issue

PUNCAK NIAGA HOLDINGS BERHAD

EX-date25/09/2001
Entitlement date27/09/2001
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement description:RENOUNCEABLE RIGHTS ISSUE OF RM546,875,000 NOMINAL VALUE 15-YEAR REDEEMABLE UNCONVERTIBLE JUNIOR NOTES ('RUN') WITH 109,375,000 FREE DETACHABLE WARRANTS ('WARRANTS') AT AN ISSUE PRICE OF RM0.322 PER RM1.00 NOMINAL VALUE OF RUN PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF RM5.00 NOMINAL VALUE OF RUN WITH ONE (1) FREE WARRANT FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN THE COMPANY ('RUN ISSUE')
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
27/09/2001 to
Registrar's name ,address, telephone no:Tenaga Koperat Sdn Bhd, 20th Floor, Plaza Permata (formerly known as IGB Plaza), Jalan Kampar, Off Jalan Tun Razak, 50400 Kuala Lumpur.
Tel. No. 03-40416522
Payment date
a) Securities transferred into the Depositor's Securities Account before 12:30 pm in respect of ordinary transfers27/09/2001 
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) 
Entitlement indicatorRatio
Ratio 5 : 4
Rights Issues/Offer Price 0.322

Remarks :
UNDERWRITING AGREEMENT

The Company had on 7th September 2001 entered into an Underwriting Agreement with United Overseas Bank (Malaysia) Bhd (271809-K) ('UOB') in relation to the RUN Issue.


Announcement Info

Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK    
Date Announced10 Sept 2001  
CategoryEntitlements (Notice of Book Closure)
Reference NoCU-010907-68445

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