SAM
Rights Issue
| SAM ENGINEERING & EQUIPMENT (M) BERHAD |
|
EX-date | 22/08/2012 |
| Entitlement date | 24/08/2012 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable restricted issue of RM33.75 million nominal value of 5-year 4% irredeemable convertible unsecured loan stocks (“ICULS”) to the entitled shareholders of SAM Malaysia (excluding Singapore Aerospace Manufacturing Pte Ltd and Singapore Precision Engineering Limited) at 100% of its nominal value on the basis of 2,588 ICULS of RM1.00 nominal value each for every 1,000 existing ordinary shares of RM1.00 each held in SAM Malaysia as at 5.00 p.m. on 24 August 2012 |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Plantations Agencies Sdn Bhd 3rd Floor, Standard Chartered Bank Chambers Beach Street 10300 Penang Tel no: 604-262 5333 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 24/08/2012 |
| 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) | 33750000 |
| Entitlement indicator | Ratio |
| Ratio | 2588 : 1000 |
| Rights Issues/Offer Price | 1 |
| Remarks : |
| Unless otherwise stated, definitions used in this announcement shall carry the same meaning as those defined in the circular to shareholders dated 30 April 2012 (“Circular”). As stated in Section 2.2.5 of the Circular, the Prospectus and its accompanying documents, or any other documents relating to the Restricted Issue will not be sent to foreign-addressed Entitled Shareholders. Foreign-addressed Entitled Shareholders who wish to provide a Malaysian address should inform their respective stockbrokers, as well as SAM Malaysia’s share registrar, Plantation Agencies Sdn Bhd, to effect the change of address prior to 24 August 2012. The Documents will not be made to comply with the laws of any jurisdiction country other than Malaysia and will not be lodged, registered or approved under any applicable securities or equivalent legislation (or with or by any regulatory authority or other relevant body) of any jurisdiction other than Malaysia. This announcement is dated 7 August 2012. |
Announcement Info
| Company Name | SAM ENGINEERING & EQUIPMENT (M) BERHAD |
| Stock Name | SAM |
| Date Announced | 7 Aug 2012 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-120807-58999 |