Company: GUAN CHONG BHD-WA 2011/2016Stock Name: GCB-WAAmount/Ratio: 1 : 2
Announcement Date: 23/08/2012
Ex Date: 07/09/2012
Detail:
EX-date: 07/09/2012
Entitlement date: 11/09/2012
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS OF GUAN CHONG BERHAD ("GCB") ("WARRANTS") PURSUANT TO THE BONUS ISSUE OF 158,752,929 NEW ORDINARY SHARES OF RM0.25 EACH IN GCB ("GCB SHARES") ("BONUS SHARES"), ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING GCB SHARES HELD AT GCB, TO BE CREDITED AND FULLY PAID-UP ("BONUS ISSUE") IN ACCORDANCE WITH THE PROVISION OF THE DEED POLL DATED 7 JANUARY 2011 ("ADJUSTMENTS")
Period of interest payment: to
Share transfer book & register of members will be: 11/09/2012 to 11/09/2012 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 Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel: (603) 7849 0777
Fax: (603) 7841 8151
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 11/09/2012
Entitlement indicator: Ratio
Ratio: 1 : 2
Remarks: As at 22 August 2012, being the latest practicable date prior to the announcement of the Entitlement Date, GCB has 59,978,500 outstanding Warrants.
We would like to advise holders of the Warrants who intend to exercise any of their Warrants and to qualify for the entitlement to the Bonus Issue to lodge their duly completed subscription forms together with the subscription monies in accordance with the provisions of the Deed Poll at the exercise price of RM2.00 for each GCB Share, to reach GCB's Share Registrar, Symphony Share Registrars Sdn Bhd, Level 6, Symphony House, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan by 5.00 p.m. on 29 August 2012. This is to allow sufficient time for GCB's Share Registrar to allot and issue GCB Shares arising from the exercise of the Warrants and for such holders of the Warrants to be registered in GCB's Record of Depositors for Shareholders on or before the Entitlement Date for the Bonus Issue on 11 September 2012. Failure to lodge such duly completed subscription forms together with the subscription monies by 5.00 p.m. on 29 August 2012 may result in such holders of the Warrants not being registered in GCB's Record of Depositors for Shareholders by the Entitlement Date.
Holders of the Warrants who do not exercise their Warrants by 5.00 p.m. on 29 August 2012 and whose name appear in the Record of Depositors for holders of the Warrants on the Entitlement Date would be entitled to the Adjustments pursuant to the provisions of the Deed Poll. A notice to the holders of the Warrants on the adjustments made to the exercise price and number of Warrants will be despatched to the holders of the Warrants in due course.
In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the additional Warrants will be listed and quoted on 12 September 2012, being 1 market day after the Entitlement Date.
