LOTUS

Rights Issue

KUANTAN FLOUR MILLS BHD

EX-date

20/09/2011
Entitlement date22/09/2011
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 24,779,150 NEW ORDINARY SHARES OF RM0.50 EACH IN KFM (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM0.51 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN KFM AT 5.00 P.M. ON 22 SEPTEMBER 2011, TOGETHER WITH UP TO 37,168,725 NEW FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF THREE (3) WARRANTS FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED (“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 noBina Management (M) Sdn Bhd
(Company No.: 50164-V)
Lot 10, The Highway Centre
Jalan 51/205
46050 Petaling Jaya
Selangor Darul Ehsan
Tel. No.: 603-7784 3922
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers22/09/2011 
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 1 : 2
Rights Issues/Offer Price 0.51

Remarks :
The renounceable entitlements to the Rights Shares with Warrants must be subscribed by the entitled shareholders whose name appear in the Record of Depositors of KFM at 5.00 p.m. on 22 September 2011 (“Entitled Shareholders”) in full or part (subject to the subscription of the Rights Shares with Warrants in an equal proportion), as a package and not to be subscribed separately or disproportionately.

Entitled Shareholders who renounce all or any part of their entitlements to the Rights Shares provisionally allotted to them under the Rights Issue will simultaneously relinquish their entitlements to the Rights Shares including their corresponding entitlements to the Warrants.

The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form will be despatched to the Entitled Shareholders on 26 September 2011. The Abridged Prospectus, Notice of Provisional Allotment and Rights Subscription Form will only be sent to the Entitled Shareholders who have a registered address in Malaysia. Entitled Shareholders who do not have a registered address in Malaysia and who wish to change their address to a Malaysia address should inform their stockbrokers to effect the change of address before 22 September 2011.

This announcement is dated 6 September 2011.


Announcement Info

Company NameKUANTAN FLOUR MILLS BHD  
Stock Name KFM    
Date Announced6 Sept 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-110906-62181


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