SCOMIEN

Rights Issue

SCOMI ENGINEERING BHD

EX-date

09/02/2010
Entitlement date11/02/2010
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO RM68,280,948 NOMINAL VALUE OF 3-YEAR 4% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (“ICULS”) AT 100% OF ITS NOMINAL VALUE ON THE BASIS OF TWO (2) RM1.00 NOMINAL VALUE OF ICULS FOR EVERY NINE (9) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN SEB (“SEB SHARES”) AS AT 5:00 P.M. ON 11 FEBRUARY 2010 (“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 noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan

Tel. No.: (603)-7841 8000
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/02/2010 
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 2 : 9
Rights Issues/Offer Price 1

Remarks :
The actual number of ICULS to be issued by SEB pursuant to the Rights Issue will only be determined on the entitlement date, based on then issued and paid-up ordinary share capital of SEB on 11 February 2010.

The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the "Documents") in relation to the Rights Issue, will be despatched on 17 February 2010 to the entitled shareholders whose names appear in the Record of Depositors of SEB on 11 February 2010.

The Documents will not be despatched to entitled shareholders who have not provided an address in Malaysia. Any shareholder who is without a registered address in Malaysia and wish to provide a Malaysian address, should inform his/ her stockbroker to effect the change of address prior to 11 February 2010.

The Documents are not (and will not be) intended to comply with the laws of any countries or jurisdictions other than the laws of Malaysia and have not been (and will not be) lodged, registered or approved pursuant to or under any applicable securities legislation of (or with or by any regulatory authorities or other relevant bodies of) any countries or jurisdictions other than Malaysia.

This announcement is dated 27 January 2010.


Announcement Info

Company NameSCOMI ENGINEERING BHD  
Stock Name SCOMIEN    
Date Announced27 Jan 2010  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-100126-68889


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