AGES
Others
| L&M CORPORATION (M) BHD |
|
EX-date | 21/11/2003 |
| Entitlement date | 28/11/2003 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description: | CORPORATE AND DEBT RESTRUCTURING SCHEME OF L & M CORPORATION (M) BHD ("L&M") INVOLVING THE FOLLOWING: - THE CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF L&M FROM RM20,401,000 COMPRISING 20,401,000 ORDINARY SHARES OF RM1.00 EACH TO RM816,040 COMPRISING 20,401,000 ORDINARY SHARES OF RM0.04 EACH BY THE CANCELLATION OF RM0.96 OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM1.00 IN L&M ("CAPITAL REDUCTION"); -THE ISSUANCE OF 816,040 CONSOLIDATED SHARES OF RM1.00 EACH IN L&M ("CONSOLIDATED L&M SHARE(S)") ON THE BASIS OF ONE(1) CONSOLIDATED L&M SHARE FOR EVERY TWENTY FIVE (25) RESULTANT ORDINARY SHARES OF RM0.04 EACH AFTER THE CAPITAL REDUCTION ("SHARE CONSOLIDATION"); AND -THE SHARE EXCHANGE OF 816,040 CONSOLIDATED L&M SHARES FOR 816,040 NEW ORDINARY SHARES OF RM0.50 EACH IN ITSUCOM BERHAD ("ITSB")("NEW ITSB SHARE(S)") ON THE BASIS OF ONE (1) NEW ITSB SHARE FOR EACH CONSOLIDATED L&M SHARE HELD BY THE EXISTING SHAREHOLDERS OF L&M AFTER THE CAPITAL REDUCTION AND SHARE CONSOLIDATION ("SHARE EXCHANGE") |
| 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 | 28/11/2003 to 28/11/2003 |
| Registrar's name ,address, telephone no: | Signet Share Registration Services Sdn Bhd 11th Floor, Tower Block Kompleks Antarabangsa Jalan Sultan Ismail 50250 Kuala Lumpur Tel No.: 03 2145 4337 Fax No.: 03 2142 1353 |
| Payment date | |
| a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 28/11/2003 |
| 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) | 816040 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issues/Offer Price | |
| Remarks : |
| The above Notice of Book Closure is in respect of the Capital Reduction, Share Consolidation and Share Exchange as set out in L&M's Information Circular to Shareholders dated 21 November 2003. |
Announcement Info
| Company Name | L&M CORPORATION (M) BHD |
| Stock Name | L&M |
| Date Announced | 20 Nov 2003 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-031120-50278 |