SPSETIA
Bonus Issue
| S P SETIA BERHAD |
|
EX-date | 19/04/2011 |
| Entitlement date | 21/04/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 665,059,057 new ordinary shares of RM0.75 each in S P Setia Berhad (“S P Setia”) (“S P Setia Share(s)”), to be credited as fully paid-up, on the basis of one (1) new S P Setia Share (“Bonus Share”) for every two (2) existing S P Setia Shares held by the entitled shareholders of S P Setia as at 5.00 p.m. on 21 April 2011 (“Entitlement Date”) (“Bonus 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 no | Systems and Securities Sdn Bhd Plaza 138, Suite 18.03 18th Floor, 138 Jalan Ampang 50450 Kuala Lumpur Tel no. : +603 2161 5466 Fax no. : +603 2163 6968 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 21/04/2011 |
| 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 indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | |
| Remarks : |
| Based on the issued and paid-up share capital of S P Setia as at 6 April 2011 and assuming the issuance of 156,630,897 new S P Setia Shares arising from the full exercise of the outstanding warrants in S P Setia (“Warrants”), the Bonus Issue will entail the issuance of up to 665,059,057 Bonus Shares, to be credited as fully paid-up, on the basis of one (1) Bonus Share for every two (2) existing S P Setia Shares held by the entitled shareholders of S P Setia, whose names appear in the Record of Depositors on the Entitlement Date. The actual number of Bonus Shares to be issued would depend on the issued and paid-up share capital of S P Setia after taking into consideration the issuance of new S P Setia Shares arising from the exercise of Warrants as at the Entitlement Date. The listing of and quotation for the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be on 22 April 2011, being the market day immediately following the Entitlement Date. Systems and Securities Sdn Bhd, the share registrar of S P Setia, will issue and despatch the notices of allotment of the Bonus Shares to the entitled shareholders of S P Setia within four (4) market days from the date of listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities. The Bonus Issue will give rise to adjustments to the exercise price and number of outstanding Warrants. Please refer to the announcement by S P Setia on the same date for the notice of book closure in relation to the adjustments. This announcement is dated 6 April 2011. |
Announcement Info
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 6 Apr 2011 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-110406-59530 |