Company: ARK RESOURCES BHD
Stock Name: ARK
Amount/Ratio: 2 : 1
Announcement Date: 18/05/2011
Ex Date: 30/05/2011
Detail:
EX-date: 30/05/2011
Entitlement date: 01/06/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Others
Entitlement description: The capital reduction comprises the following:-
(a) cancellation of RM0.50 of the par value of each existing issued and fully paid-up share of ARK Resources Berhad ("ARK") of RM1.00 each; and
(b) consolidation on the basis of two (2) ordinary shares of RM0.50 each in ARK into one (1) ordinary share of RM1.00 each ("Capital Reduction").
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: Tricor Investor Services Sdn. Bhd.
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel : 03 - 2264 3883
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 01/06/2011
Entitlement indicator: Ratio
Ratio: 2 : 1
Remarks: On the even date, ARK has also announced the book closure date for the renounceable rights issue of 15,475,725 new ordinary shares of RM1.00 each in ARK ("Rights Shares") at an issue price of RM1.00 per Rights Share on the basis of three (3) Rights Shares for every four (4) existing ordinary shares of RM1.00 each held in ARK after the Capital Reduction together with 15,475,725 free detachable warrants on the basis of one (1)detachable warrant for every one (1) Rights Share subscribed ("Rights Issue"). The book closure date for the Rights Issue will be at 5.00 p.m. on 1 June 2011.
This announcement is dated 18 May 2011.
Stock Name: ARK
Amount/Ratio: 2 : 1
Announcement Date: 18/05/2011
Ex Date: 30/05/2011
Detail:
EX-date: 30/05/2011
Entitlement date: 01/06/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Others
Entitlement description: The capital reduction comprises the following:-
(a) cancellation of RM0.50 of the par value of each existing issued and fully paid-up share of ARK Resources Berhad ("ARK") of RM1.00 each; and
(b) consolidation on the basis of two (2) ordinary shares of RM0.50 each in ARK into one (1) ordinary share of RM1.00 each ("Capital Reduction").
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: Tricor Investor Services Sdn. Bhd.
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel : 03 - 2264 3883
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 01/06/2011
Entitlement indicator: Ratio
Ratio: 2 : 1
Remarks: On the even date, ARK has also announced the book closure date for the renounceable rights issue of 15,475,725 new ordinary shares of RM1.00 each in ARK ("Rights Shares") at an issue price of RM1.00 per Rights Share on the basis of three (3) Rights Shares for every four (4) existing ordinary shares of RM1.00 each held in ARK after the Capital Reduction together with 15,475,725 free detachable warrants on the basis of one (1)detachable warrant for every one (1) Rights Share subscribed ("Rights Issue"). The book closure date for the Rights Issue will be at 5.00 p.m. on 1 June 2011.
This announcement is dated 18 May 2011.
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