Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

PSIPTEK

Others

L&M CORPORATION (M) BHD

EX-date

21/11/2003
Entitlement date28/11/2003
Entitlement time05:00:00 PM
Entitlement subjectOthers
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 transfers28/11/2003 
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 indicatorRatio
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 NameL&M CORPORATION (M) BHD  
Stock Name L&M    
Date Announced20 Nov 2003  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-031120-50278