WCT
Rights Issue
| WCT ENGINEERING BERHAD |
|
EX-date | 05/07/2007 |
| Entitlement date | 09/07/2007 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 516,899,793 five (5)-year 13.5% non-cumulative irredeemable convertible preference shares of RM0.10 each ("ICPS") held in WCT Engineering Berhad ("WCT") at an issue price of RM0.30 per ICPS on the basis of five (5) ICPS for every three (3) existing ordinary shares of RM1.00 each held in WCT ("WCT Shares") after the bonus issue on the basis of one (1) bonus share for every three (3) existing WCT Shares ("Rights Issue of ICPS") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 09/07/2007 to 09/07/2007 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd Level 26, Menara Multi-Purpose Capital Square, No. 8, Jalan Munshi Abdullah 50100 Kuala Lumpur Tel. No. : 03 2721 2222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 09/07/2007 |
| 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) | 516899793 |
| Entitlement indicator | Ratio |
| Ratio | 5 : 3 |
| Rights Issues/Offer Price | 0.3 |
| Remarks : |
| The shareholders of WCT whose names appear on the Record of Depositors of WCT at the close of business at 5.00 p.m on 9 July 2007 are entitled to the Rights Issue of ICPS of which the basis for the entitlement is based on the enlarged share capital of WCT after the bonus issue. Please refer to the Notice of Book Closure for the bonus issue announced on 25 June 2007 for further details. This announcement is dated 25 June 2007. |
Announcement Info
| Company Name | WCT ENGINEERING BERHAD |
| Stock Name | WCT |
| Date Announced | 25 Jun 2007 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CU-070622-58510 |