RUBEREX

Rights Issue

Amended Announcements
Please refer to the earlier announcement reference number: MM-070702-62841

RUBBEREX CORPORATION (M) BERHAD

EX-date

12/07/2007
Entitlement date16/07/2007
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to RM55,656,688 nominal value of 4%, 5 year irredeemable convertible unsecured loan stocks (“ICULS”) at 100% of its nominal value together with up to 27,828,344 free warrants (“Warrants”), on the basis of 2 ICULS of RM1.00 nominal value each with 1 free detachable Warrant for every 3 existing ordinary shares of RM1.00 each held in RCM (“RCM Shares”) AT 5.00 p.m. on 16 July 2007
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 noPFA Registration Services Sdn. Bhd.
41, Jalan Medan Ipoh 6
Bandar Baru Medan Ipoh
31400 Ipoh, Perak Darul Ridzuan
Tel No.: 05-545 1222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers16/07/2007 
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 : 3
Rights Issues/Offer Price 1

Remarks :
The announcement on the Entitlements (Notice of Books closure) Reference No. MM-070702-62841 dated 2 July 2007 (“Earlier Notice”) refers.

This announcement seeks to clarify an inconsistency in the entitlement date stated in the Earlier Notice. The “Entitlement date” of the Rights Issue should be 16/07/2007, and not 12/07/2007 as stated in the Earlier Notice.

The Rights Issue involves a renounceable issue of up to RM55,656,688 nominal value of 4%, 5 year ICULS at 100% of its nominal value together with up to 27,828,344 free Warrants, on the basis of 2 ICULS of RM1.00 nominal value each with 1 free Warrant for every 3 existing RCM Shares held by the shareholder(s) of RCM whose name(s) appear in the Record of Depositors at 5.00 p.m. on 16 July 2007 (“Entitled Shareholders”).

Shareholders of RCM may subscribe to the renounceable entitlements of the ICULS in full or in part. The Warrants will only be issued to shareholders of RCM who subscribe for the ICULS. Shareholders who renounce all or any part of their entitlements to the ICULS provisionally allotted to them under the Rights Issue will simultaneously relinquish their corresponding entitlements to the Warrants. The ICULS and the Warrants are not separately renounceable and the Warrants will be detached from the ICULS immediately upon issuance and traded separately on the Main Board of Bursa Malaysia Securities Berhad.

The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form will be sent to the Entitled Shareholders.

This announcement is dated 3 July 2007.


Announcement Info

Company NameRUBBEREX CORPORATION (M) BERHAD  
Stock Name RUBEREX    
Date Announced3 Jul 2007  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-070702-75804


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