ASTEEL
Rights Issue
| YUNG KONG GALVANISING INDUSTRIES BHD |
|
EX-date | 09/06/2008 |
| Entitlement date | 11/06/2008 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of 65,178,300 Rights Shares together with 65,178,300 free detachable Warrants at an issue price of RM0.50 per Rights Share (of which the first call of RM0.35 is payable in cash on application and the second call of RM0.15 is capitalised from the company’s revaluation reserve account and retained profit account) on the basis of one (1) Rights Share together with one (1) free detachable Warrant for every two (2) existing Shares (“Rights Issue with Warrants”) held at the Entitlement Date |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Tenaga Koperat Sdn Bhd 20th Floor Plaza Permata, Jalan Kampar, Off Jalan Tun Razak 50400 Kuala Lumpur Tel: 03-40416522 Fax:03-40426352 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 11/06/2008 |
| 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 | 1 : 2 |
| Rights Issues/Offer Price | 0.5 |
| Remarks : |
| The abridged prospectus in relation to the Rights Issue with Warrants will be dispatched to the entitled shareholders of YKGI not later than three (3) markets days after the Entitlement Date. This announcement is dated 28 May 2008. |
Announcement Info
| Company Name | YUNG KONG GALVANISING INDUSTRIES BHD |
| Stock Name | YUNKONG |
| Date Announced | 28 May 2008 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-080527-57315 |