Stock Name: FITTERS-WA
Company Name: FITTERS DIV BHD - WA
Amount/Ratio: 1 : 2
Announcement Date: 06/09/2010
Ex Date: 23/09/2010
Detail:
EX-date: 23/09/2010
Entitlement date: 27/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: Allotment of up to 32,789,296 new FITTERS Diversified Berhad ("FITTERS") Warrants 2007/2012 ("Warrants") on the basis of one (1) new Warrants for every two (2) existing Warrants held at 5.00 p.m. on 27 September 2010.
Period of interest payment: to
Financial Year End: 31/12/2010
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: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel No.: 03-7841 8000
Fax No.: 03-7841 8151
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 27/09/2010
Number of new shares/securities issued (units) (If applicable): 32789296
Entitlement indicator: Ratio
Ratio: 1 : 2
Remarks: Following the 1:2 Bonus Issue, the exercise price of the Warrants will be adjusted in accordance with the provisions of the deed poll dated 18 October 2007 constituting the Warrants. Any adjustment to the exercise price of the Warrants will be rounded up to the nearest one (1) sen and in no event shall any adjustment (otherwise than upon the consolidation of ordinary shares of RM0.50 each in FITTERS ("FITTERS Share") into FITTERS Shares of a larger par value) involve an increase in the exercise price of the Warrants or a reduction in the exercise price of the Warrants falling below the par value of the FITTERS Shares for the time being. In the event that any adjustment would result in the exercise price of the Warrants being reduced below the par value of a FITTERS Share, then the adjustment shall be made to the par value of the FITTERS Shares only.
In addition, up to 32,789,296 new Warrants will be allotted and issued on 28 September 2010, on the basis of one (1) new Warrants for every two (2) existing Warrants held, to the entitled holders of the Warrants whose names appear on the Record of Depositors at 5.00 p.m. on 27 September 2010. Any adjustment arising from the allotment of the new Warrants to each holder of the Warrants will be rounded downwards to the nearest whole Warrant.
A notice setting out the details of the adjustment to the exercise price of the Warrants and the allotment of the additional new Warrants will be despatched to the holders of the Warrants in due course.
This announcement is dated 6 September 2010.
Company Name: FITTERS DIV BHD - WA
Amount/Ratio: 1 : 2
Announcement Date: 06/09/2010
Ex Date: 23/09/2010
Detail:
EX-date: 23/09/2010
Entitlement date: 27/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: Allotment of up to 32,789,296 new FITTERS Diversified Berhad ("FITTERS") Warrants 2007/2012 ("Warrants") on the basis of one (1) new Warrants for every two (2) existing Warrants held at 5.00 p.m. on 27 September 2010.
Period of interest payment: to
Financial Year End: 31/12/2010
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: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel No.: 03-7841 8000
Fax No.: 03-7841 8151
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 27/09/2010
Number of new shares/securities issued (units) (If applicable): 32789296
Entitlement indicator: Ratio
Ratio: 1 : 2
Remarks: Following the 1:2 Bonus Issue, the exercise price of the Warrants will be adjusted in accordance with the provisions of the deed poll dated 18 October 2007 constituting the Warrants. Any adjustment to the exercise price of the Warrants will be rounded up to the nearest one (1) sen and in no event shall any adjustment (otherwise than upon the consolidation of ordinary shares of RM0.50 each in FITTERS ("FITTERS Share") into FITTERS Shares of a larger par value) involve an increase in the exercise price of the Warrants or a reduction in the exercise price of the Warrants falling below the par value of the FITTERS Shares for the time being. In the event that any adjustment would result in the exercise price of the Warrants being reduced below the par value of a FITTERS Share, then the adjustment shall be made to the par value of the FITTERS Shares only.
In addition, up to 32,789,296 new Warrants will be allotted and issued on 28 September 2010, on the basis of one (1) new Warrants for every two (2) existing Warrants held, to the entitled holders of the Warrants whose names appear on the Record of Depositors at 5.00 p.m. on 27 September 2010. Any adjustment arising from the allotment of the new Warrants to each holder of the Warrants will be rounded downwards to the nearest whole Warrant.
A notice setting out the details of the adjustment to the exercise price of the Warrants and the allotment of the additional new Warrants will be despatched to the holders of the Warrants in due course.
This announcement is dated 6 September 2010.
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