Monday, June 11, 2012

SKPRES - Bonus Issue (1 : 2)

Company: SKP RESOURCES BHD
Stock Name: SKPRES
Amount/Ratio: 1 : 2
Announcement Date: 11/06/2012
Ex Date: 21/06/2012

Detail:

EX-date: 21/06/2012

Entitlement date: 25/06/2012

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: Bonus issue of up to 300,000,000 new ordinary shares of RM0.10 each in SKP ("SKP Share(s)") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every two (2) SKP Shares held ("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
Pusat Dagang Dana 1, Jalan PJU 1A/46,
47301 Petaling Jaya,
Selangor Darul Ehsan
Tel : 03-7841 8000
Fax: 03-7841 8151

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 25/06/2012

Entitlement indicator: Ratio

Ratio: 1 : 2

Remarks: Unless otherwise defined, all terms used shall have the same meaning as those defined in the announcement dated 19 March 2012.

The final number of Bonus Shares to be issued pursuant to the Bonus Issue would depend on the issued and paid-up share capital of SKP on 25 June 2012.

The date of listing and quotation of the Bonus Shares on the Main Market of Bursa Securities will be on 26 June 2012, being the next market day following the entitlement date.

Notice of allotment will be issued and despatched to the entitled shareholders within four (4) market days after the listing of and quotation for the Bonus Shares.

This announcement is dated 11 June 2012.