WCT
Offer for Sale
| WCT ENGINEERING BERHAD |
|
EX-date | 25/03/2008 |
| Entitlement date | 27/03/2008 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Offer for Sale |
| Entitlement description | OFFER FOR SALE OF UP TO 145,902,376 PROVISIONAL RIGHTS TO ALLOTMENT OF WARRANTS (“WARRANTS”) AT AN OFFER PRICE OF RM0.25 PER WARRANT BY ASEAMBANKERS MALAYSIA BERHAD (“ASEAMBANKERS”) TO THE ENTITLED SHAREHOLDERS (AS DEFINED HEREIN) OF WCT ENGINEERING BERHAD (“WCTE”) ON A RENOUNCEABLE RIGHTS BASIS OF ONE (1) WARRANT FOR EVERY FIVE (5) ENTITLED SHARES (AS DEFINED HEREIN) HELD IN WCTE AT 5.00 P.M. ON 27 MARCH 2008 (“OFFER FOR SALE”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 27/03/2008 to 27/03/2008 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: 603 – 27212222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 27/03/2008 |
| 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 : 5 |
| Rights Issues/Offer Price | |
| Remarks : |
| Entitled Shareholders refer to the shareholders of WCTE whose names appear in the Record of Depositors as at the entitlement date other than those shareholders holding ordinary shares of WCTE issued pursuant to the voluntary take-over of WCT Land Berhad by WCTE ("Class A Shares"). Entitled Shares refer to ordinary shares of RM0.50 each in WCTE other than Class A Shares held by the Entitled Shareholders. The Prospectus together with its accompanying documents in relation to the Offer for Sale will be despatched to the Entitled Shareholders of WCTE not later than three (3) market days after the entitlement date. The Prospectus together with its accompanying documents will not be registered under any laws of any foreign jurisdictions. The Offer for Sale will not be made or offered in any foreign jurisdictions. The documents relating to the Offer for Sale will not be sent to foreign shareholders of WCTE whose name(s) appear in the record of depositors on the entitlement date who do not have a registered address in Malaysia. This announcement is dated 12 March 2008. |
Announcement Info
| Company Name | WCT ENGINEERING BERHAD |
| Stock Name | WCT |
| Date Announced | 12 Mar 2008 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CU-080312-55064 |