Rights Issue



Entitlement date19/07/2010
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 132,000,000 new ordinary shares of RM0.20 each in Minply Holdings (M) Berhad ("MHB") ("Rights Shares") together with up to 88,000,000 new free detachable warrants ("Warrants") on the basis of three (3) Rights Shares and two (2) Warrants for every one (1) existing ordinary share of RM0.20 each held in MHB at 5.00 p.m. on 19 July 2010 at an issue price of RM0.20 per Rights Share payable in full upon acceptance ("Rights Issue")
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 noSecurities Services (Holdings) Sdn Bhd
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara
Damansara Heights
50490, Kuala Lumpur
Telephone: (603) 2084 9000
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers19/07/2010 
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 indicatorRatio
Ratio 3 : 1
Rights Issues/Offer Price 0.2

Remarks :
The renounceable entitlements to the Rights Shares with Warrants must be subscribed by the entitled shareholders whose name appear in the Record of Depositors of MHB at 5.00 p.m. on 19 July 2010 ("Entitled Shareholders") in full or part (subject to the subscription of the Rights Shares with Warrants in an equal proportion), as a package and not to be subscribed separately or disproportionately.

Entitled Shareholders who renounce all or any part of their entitlements to the Rights Shares provisionally allotted to them under the Rights Issue with Warrants will simultaneously relinquish their corresponding entitlements to the Rights Shares including their corresponding entitlements to the Warrants.

The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form will be sent to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

This announcement is dated 5 July 2010.

Announcement Info

Stock Name MINPLY    
Date Announced5 Jul 2010  
CategoryEntitlements (Notice of Book Closure)
Reference NoOI-100705-65259

View original