Friday, January 13, 2012

SUPERMX-CD - Bonus Issue (0 : 0)

Company: SUPERMX-CD:CW SUPERMAX (CIMB)
Stock Name: SUPERMX-CD
Amount/Ratio: 0 : 0
Announcement Date: 13/01/2012
Ex Date: 26/01/2012

Detail:

EX-date: 26/01/2012

Entitlement date: 30/01/2012

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-CD")
PURSUANT TO THE BONUS ISSUE OF 340,077,440 NEW ORDINARY SHARES OF RM0.50 EACH IN SUPERMX ("SUPERMX SHARES") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING SUPERMX SHARE HELD AT 5.00 P.M. ON 30 JANUARY 2012("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: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan

Tel: +603 - 7841 8000
Helpdesk Tel: +603 - 7849 0777

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 30/01/2012

Entitlement indicator: Ratio

Ratio: 0 : 0

Remarks: (Unless otherwise defined in this Announcement, the definitions contained in the announcement dated 2 November 2011 shall apply throughout this Announcement)

In accordance with Condition 6 of the Deed Poll dated 6 April 2010, the terms and conditions of the SUPERMX-CD shall be adjusted as set out in our announcement dated 2 November 2011.

The Exercise Price for the SUPERMX-CD will be adjusted from RM4.35 to RM2.175. The Warrant Component/Exercise Ratio will be adjusted from 0.1667 (6 warrants to 1 share) to 0.3333 (3 warrants to 1 share).

The adjustments for the Exercise Price and the Warrant Component/Exercise Ratio for the SUPERMX-CD will take effect at 9.00 a.m. on 26 January 2012 being the ex-date for the Bonus Issue.

Please note that there will not be any new issuance of SUPERMX-CD on the Entitlement Date pursuant to the Bonus Issue.

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