Wednesday, July 2, 2014

VINTAGE - Others (5 : 1)

Company: VTI VINTAGE BHD
Stock Name: VINTAGE
Amount/Ratio: 5 : 1
Announcement Date: 02/07/2014
Ex Date: 14/07/2014

Detail:

Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced2 Jul 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoML-140624-53757

EX-date14/07/2014
Entitlement date17/07/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionShare consolidation via the consolidation of 5 ordinary shares of RM0.10 each in VTI Vintage Berhad ("VVB") into 1 ordinary share of RM0.50 each in VVB ("Consolidated Shares") ("Share Consolidation")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be 17/07/2014 to 17/07/2014 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
Telephone number: +603 - 2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers17/07/2014 
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 indicatorRatio
Ratio 5 : 1
Rights Issues/Offer Price

Remarks :
The trading of the securities of VVB has been suspended since 10 April 2012 via a notice by Bursa Malaysia Securities Berhad to VVB pursuant to Paragraph 8.05(5) of the then Bursa Malaysia Securities Berhad Main Market Listing Requirements.

On 23 June 2014, the High Court of Malaya in Kuala Lumpur had granted an order confirming the reduction of the issued and paid-up share capital of VVB via the cancellation of RM0.90 of the par value of each share in VVB pursuant to Section 64 of the Companies Act, 1965 ("Capital Reduction").

The Share Consolidation will be implemented after the Capital Reduction.

In determining the shareholders' entitlements pursuant to the Share Consolidation, fractional entitlements will be disregarded and will be dealt with in such manner as the Board of Directors of VVB shall in its absolute discretion think fit and expedient or in the best interest of VVB.

The securities of VVB will remain suspended until completion of the proposed restructuring scheme.

This announcement is dated 2 July 2014.

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