Friday, November 18, 2011

KARYON-WA - Bonus Issue (1 : 5)

Company: KARYON IND BHD-WA
Stock Name: KARYON-WA
Amount/Ratio: 1 : 5
Announcement Date: 18/11/2011
Ex Date: 13/12/2011

Detail:

EX-date: 13/12/2011

Entitlement date: 15/12/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS OF KIB ("WARRANTS") PURSUANT TO THE BONUS ISSUE OF UP TO 69,258,434 NEW ORDINARY SHARES OF RM0.10 EACH IN KIB ("KIB SHARE(S)") ("BONUS SHARE(S)"), ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING KIB SHARES HELD IN KIB AT 5.00 P.M. ON 15 DECEMBER 2011 ("ENTITLEMENT DATE") ("BONUS ISSUE") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 13 FEBRUARY 2007 ("DEED POLL") ("ADJUSTMENTS")

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
Fax: 03-2282 1886

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 15/12/2011

Entitlement indicator: Ratio

Ratio: 1 : 5

Remarks: We refer to the announcement dated 18 November 2011 in respect of the Entitlement Date for the Bonus Issue.

Pursuant thereto, the warrantholders who intend to exercise their rights to subscribe for new KIB Shares and to qualify for the entitlement to the Bonus Shares are required to lodge their duly completed exercise forms together with the requisite payment in accordance with the provisions of the Deed Poll to KIB's Share Registrar, Tricor Investor Services Sdn Bhd not later than 5.00 p.m. on 25 November 2011.

The warrantholders who do not exercise their Warrants by 5.00 p.m. on 25 November 2011 and whose name appeared in the Record of Depositors for Warrants on the Entitlement Date would be entitled to the Adjustments pursuant to the provisions of the Deed Poll.

The maximum number of additional Warrants which may be listed and quoted is 21,558,002 Warrants.

In accordance with the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the additional Warrants will be listed and quoted on 16 December 2011, being one (1) market day after the Entitlement Date.

The Share Registrar of KIB will issue and despatch the notices of allotment of the additional Warrants to the entitled warrantholders of KIB latest on 22 December 2011, being four (4) market days after the listing of and quotation for the additional Warrants on the ACE Market of Bursa Securities.

This announcement is dated 18 November 2011.

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