Thursday, September 4, 2014

AMPROP - Bonus Issue (1 : 2)

Company: AMCORP PROPERTIES BERHAD
Stock Name: AMPROP
Amount/Ratio: 1 : 2
Announcement Date: 04/09/2014
Ex Date: 24/09/2014

Detail:

Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced4 Sept 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMB-140903-59169

EX-date24/09/2014
Entitlement date26/09/2014
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBONUS ISSUE OF UP TO 297,867,868 NEW FIVE (5)-YEAR REDEEMABLE CONVERTIBLE PREFERENCE SHARES (“RCPS”) TO BE ISSUED AT THE PAR VALUE OF RM0.50 EACH IN AMCORP PROPERTIES BERHAD (“AMPROP”) ON THE BASIS OF ONE (1) RCPS FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN AMPROP (“SHARES”) HELD AS AT 5.00 P.M. ON 26 SEPTEMBER 2014 (“BONUS ISSUE OF RCPS”)
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 noSecurities Services (Holdings) Sdn Bhd

Level 7, Menara Milenium,
Jalan Damanlela,
Pusat Bandar Damansara,
Damansara Heights,
50490 Kuala Lumpur, Malaysia

Tel: +603-2084 9000
Fax: +603-2094 9940 / +603-2095 0292
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers26/09/2014 
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 1 : 2
Rights Issues/Offer Price

Remarks :
The shareholders of AMPROP whose names appear on the Record of Depositors as at 5.00 p.m. on 26 September 2014 (“Entitled Shareholders”) shall be entitled to the bonus issue of up to 297,867,868 RCPS to be issued at the par value of RM0.50 each in AMPROP on the basis of one (1) RCPS for every two (2) Shares held.

Any fractional entitlements of new RCPS pursuant to the Bonus Issue of RCPS will be disregarded and dealt with in such manner as the Board of Directors of AMPROP deems fit and expedient in the best interests of the Company.

The RCPS are expected to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 7 October 2014.

The share registrar of AMPROP will issue and despatch the notices of allotment to all Entitled Shareholders of AMPROP not later than four (4) market days after the date of the listing and quotation for the RCPS on the Main Market of Bursa Securities.


The announcement is dated 4 September 2014.

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