Monday, January 24, 2011

DAYANG - Bonus Issue (1 : 4)

Company: DAYANG ENTERPRISE HOLDINGS BHD
Stock Name: DAYANG
Amount/Ratio: 1 : 4
Announcement Date: 24/01/2011
Ex Date: 08/02/2011

Detail:

EX-date: 08/02/2011

Entitlement date: 10/02/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: Bonus issue of 88,000,000 new ordinary shares of RM0.50 each in Dayang Enterprise Holdings Bhd ("Dayang") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every four (4) existing ordinary shares of RM0.50 each ("Share(s)") held in Dayang as at 5.00 p.m. on 10 February 2011

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: Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: (603) 2264 3883

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 10/02/2011

Entitlement indicator: Ratio

Ratio: 1 : 4

Remarks: In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Bonus Shares will be listed and quoted on 11 February 2011, being one (1) market day after the books closing date.

The Share Registrar of Dayang will issue and despatch notices of allotment to all entitled shareholders of Dayang within four (4) market days after the date of the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

The entitled shareholders of the Bonus Issue shall be entitled to the renounceable rights issue of 110,000,000 new Shares in Dayang ("Rights Share(s)") on the basis of one (1) Rights Share for every four (4) existing Shares held in Dayang after the Bonus Issue as at 5.00 p.m. on 10 February 2011 at an issue price of RM1.10 per Rights Share payable in full upon acceptance ("Rights Issue").

On even date, Dayang has also announced that the book closure date for the Rights Issue will be at 5.00 p.m. on 10 February 2011.

This announcement is dated 24 January 2011.


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