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Offer for Sale



Entitlement date19/08/2004
Entitlement time05:00:00 PM
Entitlement subjectOffer for Sale
Entitlement description:Non-renounceable offer for sale of up to 22,300,000 ordinary shares of RM0.50 each in WCT Land Berhad ("WCTL Share"), at an offer price of RM1.00 each, payable in full upon acceptance, on the basis of one(1) WCTL Share for every five(5) existing shares held in WCT ("Offer For Sale")
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
Registrar's name ,address, telephone no:Symphony Share Registrars Sdn Bhd
(Formerly known as Malaysian Share Registration Services Sdn Bhd)
Level 26, Menara Multi-Purpose
Capital Square
No. 8, Jalan Munshi Abdullah
50100 Kuala Lumpur
Tel : 2721 2222
Payment date
a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers19/08/2004 
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 indicatorRatio
Ratio 1 : 5
Rights Issues/Offer Price

Remarks :
Holders of Warrants 2000/2005 (“Warrants”) of the Company will not qualify for the entitlement to the Offer For Sale UNLESS they exercise their Warrants and lodge their duly completed relevant subscription forms together with the subscription monies at the exercise price of RM2.25 for every one (1) new ordinary share of RM1.00 each in the Company to reach the Company’s Share Registrar, Symphony Share Registrars Sdn Bhd (formerly known as Malaysian Share Registration Services Sdn Bhd), Level 26, Menara Multi-Purpose, Capital Square, No. 8 Jalan Munshi Abdullah, 50100 Kuala Lumpur, Malaysia by 5.00 p.m. on 16 August 2004 in order for the shares to be transferred into the respective depositors’ securities accounts prior to the Book Closure Date.

The underwriting agreement for the abovementioned Offer For Sale has been entered into on 2 August 2004. This announcement is dated 2 August 2004.

Announcement Info

Stock Name WCT    
Date Announced2 Aug 2004  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-040730-59395

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