MAYU
Others
| SMPC CORPORATION BHD |
|
EX-date | 20/03/2012 |
| Entitlement date | 22/03/2012 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | REDUCTION OF RM58,180,469 FROM THE ISSUED AND PAID-UP SHARE CAPITAL OF SMPC CORPORATION BHD. (“SMPC”) PURSUANT TO SECTION 64(1) OF THE COMPANIES ACT, 1965, BY WAY OF CANCELLATION OF RM0.90 FROM THE PAR VALUE OF THE EXISTING ORDINARY SHARES OF RM1.00 EACH IN SMPC AND THEREAFTER THE CONSOLIDATION OF TEN (10) ORDINARY SHARES OF RM0.10 EACH INTO ONE (1) NEW ORDINARY SHARE OF RM1.00 EACH (“NEW SMPC SHARE”) (“CAPITAL REDUCTION AND CONSOLIDATION”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 22/03/2012 to 22/03/2012 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd Level 6, Symphony House Block D13 Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Helpdesk Tel: +603 – 7849 0777 Fax: +603 – 7841 8151/8152 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 22/03/2012 |
| 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 | 10 : 1 |
| Rights Issues/Offer Price | |
| Remarks : |
| The High Court of Malaya at Kuala Lumpur had, on 27 February 2012, granted an order confirming the Capital Reduction and Consolidation pursuant to Section 64 of the Companies Act, 1965. The shareholders of SMPC whose names appear on the Record of Depositors at the close of business at 5.00 p.m. on 22 March 2012 (“Entitlement Date”) shall be subjected to the Capital Reduction and Consolidation. In determining the shareholders’ entitlements pursuant to the Capital Reduction and Consolidation, fractional entitlements will be disregarded and will be dealt with in such manner by the Board of Directors of SMPC as it may deem fit and expedient in the best interest of SMPC. The date of listing and quotation of the New SMPC Shares will be on 23 March 2012, being the next market day following the Entitlement Date. Notices of allotment to all entitled shareholders will be despatched by 28 March 2012. The Capital Reduction and Consolidation shall be effected concurrently. This announcement is dated 8 March 2012. |
Announcement Info
| Company Name | SMPC CORPORATION BHD |
| Stock Name | SMPC |
| Date Announced | 8 Mar 2012 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-120308-59358 |