FIAMMA
Rights Issue
| FIAMMA HOLDINGS BERHAD |
|
EX-date | 30/10/2008 |
| Entitlement date | 03/11/2008 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 42,922,250 NEW ORDINARY SHARES OF RM1.00 EACH IN FIAMMA HOLDINGS BERHAD ("FIAMMA" OR "COMPANY")(“RIGHTS SHARES”) TOGETHER WITH UP TO 57,229,666 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE (OF WHICH THE FIRST CALL OF RM0.70 WILL BE PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.30 IS TO BE CAPITALISED FROM THE COMPANY’S RETAINED PROFITS ACCOUNT) ON THE BASIS OF THREE (3) RIGHTS SHARES TOGETHER WITH FOUR (4) WARRANTS FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN FIAMMA AT 5.00 P.M. ON 3 NOVEMBER 2008 ("RIGHTS ISSUE OF SHARES WITH WARRANTS") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 03/11/2008 to 03/11/2008 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Tenaga Koperat Sdn Bhd (118401-V) Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel. No.: 03-2264 3883 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 03/11/2008 |
| 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 | 3 : 6 |
| Rights Issues/Offer Price | 1 |
| Remarks : |
| The Rights Shares together with the Warrants shall be provisionally allotted to the shareholders of Fiamma whose names appear on the Record of Depositors of Fiamma at 5.00 p.m. on 3 November 2008, on the basis of three (3) Rights Share together with four (4) Warrants for every six (6) existing ordinary shares of RM1.00 each held in Fiamma. The issue price of the Rights Share is RM1.00, of which the first call of RM0.70 will be payable in cash on application and the second call of RM0.30 is to be capitalised from the Company's retained profits account. Entitled shareholders can fully or partially renounce their entitlements to the Rights Shares with the Warrants. However, the Rights Shares and Warrants cannot be renounced separately. The Abridged Prospectus ("AP"), together with the Notice of Provisional Allotment (“NPA”) and the Rights Subscription Form (“RSF”) are only despatched to the entitled shareholders who have a registered address in Malaysia as stated in the Record of Depositors or who have provided the share registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 3 November 2008, being the entitlement date for the Rights Issue of Shares with Warrants. The AP, together with the NPA and the RSF will not be made to comply with the laws of any foreign jurisdiction, and will not be lodged, registered or approved under any legislation of (or with or by any regulatory authorities or other relevant bodies of) any foreign jurisdiction. Entitled shareholders and/or the renouncees (if applicable) who are residents in countries other than Malaysia should therefore immediately consult their legal advisers as to whether the acceptance or renunciation of all or any part of the Rights Shares and Warrants to be issued under the Rights Issue of Shares with Warrants would result in the contravention of any laws of such countries or jurisdictions. This annoucement is dated 17 October 2008. |
Announcement Info
| Company Name | FIAMMA HOLDINGS BERHAD |
| Stock Name | FIAMMA |
| Date Announced | 17 Oct 2008 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-081017-58254 |