PMETAL
Others
| PRESS METAL BERHAD |
|
EX-date | 15/06/2005 |
| Entitlement date | 17/06/2005 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description: | SHARE SPLIT INTO TWO (2) NEW ORDINARY SHARES OF RM0.50 EACH IN PRESS METAL BERHAD ("PMETAL") ("PMETAL SHARES") FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH HELD IN PMETAL ("SHARE SPLIT") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be closed from (both dates inclusive) for the purpose of determining the entitlements | 17/06/2005 to 17/06/2005 |
| Registrar's name ,address, telephone no: | Tenaga Koperat Sdn Bhd 20th Floor, Plaza Permata, Jalan Kampar, Off Jalan Tun Razak, 50400 Kuala Lumpur Tel No: 03-4041 6522 Fax No: 03-4042 6352 |
| Payment date | |
| a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 17/06/2005 |
| 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 | 2 : 1 |
| Rights Issues/Offer Price | |
| Remarks : |
| Shareholders of PMetal should note that every one (1) ordinary share of RM1.00 each in PMetal as at 5.00 p.m. on Friday, 17 June 2005 ("Entitlement Date") shall be subdivided into two (2) new PMetal ordinary shares of RM0.50 each. Based on the issued and paid-up share capital of RM63,950,055 comprising 63,950,055 ordinary shares of RM1.00 each in PMetal, 967,433 outstanding Employee Share Option Scheme ("ESOS") options and the 19,529,363 outstanding Warrants 1995/2005 exercisable in PMetal ("Warrants") as at 9 May 2005 (excluding the Warrants and/or ESOS options of Dato' Koon Poh Keong, Koon Poh Ming and Koon Poh Weng as they had undertaken not to exercise their outstanding Warrants and their ESOS options prior to the Entitlement Date), the issued and paid-up share capital of PMetal pursuant to the Share Split will involve the issuance of up to 168,893,702 PMetal ordinary shares of RM0.50 each to be credited as fully paid-up. The actual number of new PMetal ordinary shares of RM0.50 each to be issued pursuant to the Share Split would be determined based on the issued and paid-up share capital as at the Entitlement Date. In accordance with the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the trading of the ordinary shares of RM1.00 each in PMetal on the Main Board of Bursa Securities will be suspended with effect from 9.00 a.m. on Monday, 13 June 2005, being three (3) clear market days prior to the Entitlement Date until the new PMetal Shares are listed and quoted on the Main Board of Bursa Securities to facilitate the Share Split. The last day for trading of the ordinary shares of RM1.00 each in PMetal on the Main Board of Bursa Securities prior to the Share Split shall be on Friday, 10 June 2005. This announcement is dated 19 May 2005. |
Announcement Info
| Company Name | PRESS METAL BERHAD |
| Stock Name | PMETAL |
| Date Announced | 19 May 2005 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | O&-050518-64875 |