Offer for Sale



Entitlement date19/12/2007
Entitlement time05:00:00 PM
Entitlement subjectOffer for Sale
Entitlement descriptionOffer for sale of 168,151,302 provisional rights to allotment of warrants by Aseambankers Malaysia Berhad ("Aseambankers") and United Overseas Bank (Malaysia) Bhd to the existing shareholders of S P Setia Berhad ("S P Setia") on a renounceable rights basis of one (1) warrant for every four (4) existing ordinary shares of RM0.75 each held in S P Setia at an offer price of RM0.30 per warrant ("Offer for Sale").
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 noSystems & Securities Sdn Bhd
Wisma Selangor Dredging
6th Floor, South Block
142-A, Jalan Ampang
50450 Kuala Lumpur
Tel : (603) 2161 5466
Fax : (603) 2163 6968
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers19/12/2007 
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)168151302 
Entitlement indicatorRatio
Ratio 1 : 4
Rights Issues/Offer Price 0.3

Remarks :
Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the circular to shareholders dated 19 October 2007 ("Circular").

Based on the issued and paid-up share capital of S P Setia as at 30 November 2007, 168,151,302 number of warrants will be issued pursuant to the Offer for Sale.

The Prospectus together with its accompanying documents will not be registered under the laws of any foreign jurisdictions.

As stated in Section 2.2.2 of the Circular, the Prospectus together with its accompanying documents will not be despatched to the shareholders of S P Setia who do not have a registered address in Malaysia as at the entitlement date ("Foreign Shareholders") and that such Foreign Shareholders who wish to provide Malaysian addresses should inform their respective stockbrokers, as well as S P Setia's Registrar, Systems & Securities Sdn Bhd, to effect the change of address prior to the entitlement date.

Alternatively, the Foreign Shareholders may obtain a copy of the Prospectus together with its accompanying documents, which will be available within 3 market days after the entitlement date, from the Registrar or from Bursa Malaysia Securities Berhad's website at www.bursamalaysia.com.

This announcement is dated 5 December 2007.

Announcement Info

Company NameS P SETIA BERHAD  
Stock Name SPSETIA    
Date Announced5 Dec 2007  
CategoryEntitlements (Notice of Book Closure)
Reference NoCU-071204-35546

View original