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WCT

Rights Issue

WCT ENGINEERING BERHAD

EX-date

05/07/2007
Entitlement date09/07/2007
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable 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 noSymphony 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 transfers09/07/2007 
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 indicatorRatio
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 NameWCT ENGINEERING BERHAD  
Stock Name WCT    
Date Announced25 Jun 2007  
CategoryEntitlements (Notice of Book Closure)
Reference NoCU-070622-58510