Tuesday, February 19, 2013

ECM - Others (0.676)

Stock Name: ECM
Amount/Ratio: 0.676
Announcement Date: 19/02/2013
Ex Date: 04/03/2013


Stock Name ECM  
Date Announced19 Feb 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoEL-130219-34532

Entitlement date06/03/2013
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionCapital Repayment to the shareholders of ECM Libra Financial Group Berhad ("ECM") by way of capital reduction exercise in accordance with Section 64 of the Companies Act, 1965 ("Capital Repayment"), the share split involving the subdivision of the ECM shares after the Capital Repayment ("Share Split") and the consolidation of the ECM shares after the Share Split ("Share Consolidation")
Period of interest payment to
Financial Year End
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 noTricor Investor Services Sdn Bhd
Level 17, The Gardens, North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Tel: 03 - 22643883
Fax: 03 - 22821886
Email: is.enquiry@my.tricorglobal.com
Payment date 14/03/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers06/03/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.676

Remarks :
The distribution comprise distribution in cash of RM0.534, distribution-in-specie of 0.144 share in K&N Kenanga Holdings Berhad ("KNKH") and distribution-in-specie of RM0.057 nominal value of Redeemable Unsecured Loan Stocks issued by KNKH for each ECM share held on the Entitlement Date. The Capital Repayment is made in accordance with the capital reduction pursuant to Section 64 of the Companies Act, 1965. Following the Capital Repayment, the ECM shares will be subject to the Share Split and Share Consolidation.

The ECM shares will be suspended from trading on Bursa Malaysia Securities Berhad ("Bursa Securities") with effect from 9.00 a.m. on 28 February 2013 until completion of the Share Consolidation. An application will be made to Bursa Securities after the Share Consolidation for the re-quotation of the trading of ECM shares.

ECM shareholders are requested to refer to the Notice to Shareholders dated 20 February 2013 for the details of the suspension on trading and distribution.

This announcement is dated 19 February 2013.