Tuesday, January 31, 2012

PHARMA - Bonus Issue (1 : 10)

Company: PHARMANIAGA BHD
Stock Name: PHARMA
Amount/Ratio: 1 : 10
Announcement Date: 31/01/2012
Ex Date: 15/02/2012

Detail:

EX-date: 15/02/2012

Entitlement date: 17/02/2012

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: PHARMANIAGA BERHAD ("PHARMANIAGA")
BONUS ISSUE OF UP TO 10,697,779 NEW ORDINARY SHARES OF RM1.00 EACH IN PHARMANIAGA ("PHARMANIAGA SHARES") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 10 EXISTING PHARMANIAGA SHARES HELD AT 5.00 P.M. ON 17 FEBRUARY 2012 ("ENTITLEMENT DATE") ("BONUS ISSUE")

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 (Company No.: 118401-V)
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: 17/02/2012

Entitlement indicator: Ratio

Ratio: 1 : 10

Remarks: As announced by Boustead Holdings Berhad ("BHB") on 6 July 2011 and 7 July 2011, 1,500,000 Pharmaniaga Shares ("Proposed Divestment 1"), 4,000,000 Pharmaniaga Shares ("Proposed Divestment 2") and 8,000,000 Pharmaniaga Shares ("Proposed Divestment 3") are to be divested to Lembaga Tabung Angkatan Tentera, BHB directors and employees and other investors respectively. Parties who have participated in the Proposed Divestment 1 and Proposed Divestment 2 will be eligible for Pharmaniaga Shares under the Bonus Issue. BHB is still in the process of pursuing investors for the Proposed Divestment 3.

Pursuant to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Bonus Shares will be listed and quoted on 20 February 2012, being 1 market day after the Entitlement Date.

The share registrar, Tricor Investor Services Sdn Bhd, will issue and despatch notices of allotment of the Bonus Shares to all entitled shareholders of Pharmaniaga no later than 4 market days after the date of the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

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