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CGB

Rights Issue

CENTRAL INDUSTRIAL CORPORATION BERHAD

EX-date

24/12/2003
Entitlement date29/12/2003
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement description:Renounceable rights issue of 15,292,500 new ordinary shares of RM1.00 each ("Rights Shares") in Central Industrial Corporation Berhad ("CICB" or "Company") at an issue price of RM1.10 per ordinary share on the basis of three (3) new ordinary shares for every two (2) existing ordinary shares held ("Rights Issue") prior to the bonus issue of 15,292,500 new ordinary shares of RM1.00 each ("Bonus Shares") in CICB on the basis of three (3) new ordinary shares for every two (2) existing ordinary shares held ("Bonus Issue")
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
29/12/2003 to 29/12/2003
Registrar's name ,address, telephone no:Signet Share Registration Services Sdn Bhd
No. 35, Jalan Hussein
30250 Ipoh
Perak Darul Ridzuan
Tel. No. : 05-241 5633
Payment date 05/02/2004
a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers29/12/2003 
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)15292500 
Entitlement indicatorRatio
Ratio 3 : 2
Rights Issues/Offer Price 1.1

Remarks :
As the Bonus Issue and Rights Issue are inter-conditional upon each other, the Bonus Shares and Rights Shares must be listed on the Kuala Lumpur Stock Exchange ("KLSE") on the same market day. In accordance with paragraph 6.29 of the Listing Requirements of the KLSE, the Company must allot and issue the Bonus Shares, despatch the notices of allotment and make an application for the listing of and quotation for the Bonus Shares within ten (10) market days of the books closing date of the Bonus Issue. In this respect, AmMerchant Bank Berhad, on behalf of CICB, had on 19 November 2003 submitted an application to the KLSE seeking a waiver from complying with paragraph 6.29 of the Listing Requirements of the KLSE and allow the Company to allot and issue the Bonus Shares, despatch the notices of allotment and make an application for the listing of and quotation for the Bonus Shares within fifteen (15 ) market days from the closing date for acceptance and payment for the Rights Issue, i.e. concurrent with the timing of the Rights Shares as stipulated under paragraph 6.25 of the Listing Requirements of the KLSE. As at the date of this announcement, the said application is pending the approval of the KLSE.

This announcement is dated 9 December 2003


Announcement Info

Company NameCENTRAL INDUSTRIAL CORPORATION BERHAD  
Stock Name CICB    
Date Announced9 Dec 2003  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-031208-43644