Thursday, November 25, 2010

KNM-CE - Entitlement - Others (0 : 0)

Stock Name: KNM-CE
Company Name: KNM-CE:CW KNM GRP BHD (OSK)
Amount/Ratio: 0 : 0
Announcement Date: 25/11/2010
Ex Date: 02/12/2010

Detail:

EX-date: 02/12/2010

Entitlement date: 06/12/2010

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF KNM GROUP BERHAD ("KNM") ("KNM-CE") PURSUANT TO THE SHARE CONSOLIDATION INVOLVING THE CONSOLIDATION OF EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.25 EACH IN KNM INTO ONE (1) NEW ORDINARY SHARE OF RM1.00 EACH IN KNM ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Period of interest payment: to

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
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/12/2010

Entitlement indicator: Ratio

Ratio: 0 : 0

Remarks: In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Exercise Price and Entitlement of the KNM-CE will be adjusted for the Share Consolidation in accordance with the following formula:

1. Adjusted Entitlement = (1 + N) x E

2. Adjusted Exercise Price = [1 / (1 + N)] x K

Where

E: 1.00, being the existing Entitlement immediately prior to the Proposed Share Consolidation (equivalent to entitlement of 1 KNM-CE per KNM Share)

N: - 0.75, being the number of KNM Shares reduced for each KNM Share held prior to the Proposed Share Consolidation

K: RM0.50, being the existing Exercise Price of KNM-CE immediately prior to the Proposed Share Consolidation

Adjustments to the Entitlement and Exercise Price of KNM-CE

1. Adjusted Entitlement = (1 - 0.75) x 1.00
= 0.25 (equivalent to Exercise Ratio of 4 KNM-CE per KNM Share)

2. Adjusted Exercise Price = [1 / (1 - 0.75)] x RM0.50
= RM2.00

The actual adjustments to the Exercise Price and Entitlement of the KNM-CE shall take place on 2 December 2010 ("Ex-Date"), which is the first day of dealing in KNM Shares on an ex basis.


This announcement is dated 25 November 2010.


Monday, November 22, 2010

KNM - Entitlement - Others (4 : 1)

Stock Name: KNM
Company Name: KNM GROUP BHD
Amount/Ratio: 4 : 1
Announcement Date: 22/11/2010
Ex Date: 02/12/2010

Detail:

EX-date: 02/12/2010

Entitlement date: 06/12/2010

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: Share consolidation involving the consolidation of every 4 existing ordinary shares of RM0.25 each in KNM Group Berhad ("KNM") into 1 ordinary share of RM1.00 each in KNM ("Consolidated Share").

Period of interest payment: to

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

Telephone No:603-7841 8000

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/12/2010

Entitlement indicator: Ratio

Ratio: 4 : 1

Remarks: The date of listing and quotation of the Consolidated Shares will be on 8 December 2010.