Thursday, June 2, 2011

PARAMON - Bonus Issue (2 : 5)

Company: PARAMOUNT CORPORATION BHD
Stock Name: PARAMON
Amount/Ratio: 2 : 5
Announcement Date: 02/06/2011
Ex Date: 21/06/2011

Detail:

EX-date: 21/06/2011

Entitlement date: 23/06/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: Bonus issue of 48,258,779 new ordinary shares of RM1.00 each ("Bonus Share(s)") in Paramount Corporation Berhad ("PCB" or "Company") to be credited as fully paid up on the basis of two (2) Bonus Share for every five (5) existing ordinary shares of RM1.00 each held in PCB prior to the share split.

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 Investors Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Malaysia

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 23/06/2011

Entitlement indicator: Ratio

Ratio: 2 : 5

Remarks: The Bonus Issue will be executed concurrently with the share split exercise (which will be executed immediately after the crediting of the Bonus Shares to the entitled shareholders) and the Bonus Shares to be received by the entitled shareholders will be in the form of ordinary shares of RM1.00 each.

The date of listing and quotation for the bonus shares shall be 24 June 2011, being the next market day immediately after the entitlement date for the Bonus Issue.

Notices of allotment will be issued and dispatched to the entitled shareholders by 30 June 2011.

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