7158

Rights Issue

SCOMI GROUP BERHAD

EX-date

12/11/2009
Entitlement date16/11/2009
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO RM164,863,605 NOMINAL VALUE OF THREE (3)-YEAR 4% IRREDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“ICSLS”) AT 100% OF ITS NOMINAL VALUE TOGETHER WITH UP TO 219,818,140 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF FIFTEEN (15) RM0.10 NOMINAL VALUE OF ICSLS TOGETHER WITH TWO (2) FREE WARRANTS FOR EVERY TEN (10) ORDINARY SHARES OF RM0.10 EACH IN SGB Group Bhd ("SGB") HELD AT 5.00 P.M. ON 16 NOVEMBER 2009 ("RIGHTS ISSUE")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be 16/11/2009 to 16/11/2009 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 26, Menara Multi-Purpose
Capital Square
No. 8, Jalan Munshi Abdullah
50100 Kuala Lumpur
Tel: 03-2721 2222
Payment date
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers16/11/2009 
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 15 : 10
Rights Issues/Offer Price 0.1

Remarks :
The Abrided Prospectus, together with the Rights Subscription Form and Notice of Provisional Allotment (collectively referred to as "Documents") in relation to the Rights Issue, will be dispatched on 18 November 2009 to the entitled shareholders whose names appear on the Record of Depositors on 16 November 2009.

The Documents will only be sent to the entitled shareholders who have a registered address or an address for service in Malaysia. Entitled shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of SGB to effect the change of address. Such notification should be done prior to 16 November 2009.


Announcement Info

Company NameSCOMI GROUP BERHAD  
Stock Name SCOMI    
Date Announced2 Nov 2009  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-091027-57987


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