PMETAL - Bonus Issue (1 : 1)

Company: PRESS METAL BHD
Stock Name: PMETAL
Amount/Ratio: 1 : 1
Announcement Date: 27/10/2014
Ex Date: 06/11/2014

Detail:

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Company Name	PRESS METAL BERHAD
Stock Name	PMETAL
Date Announced	27 Oct 2014
Category	Entitlements (Notice of Book Closure)
Reference No	MI-141027-61344

EX-date	06/11/2014
Entitlement date	10/11/2014
Entitlement time	05:00:00 PM
Entitlement subject	Bonus Issue
Entitlement description	Bonus issue of up to 584,814,692 new ordinary shares of RM0.50 each in Press Metal Berhad (“PMB” or “Company”) (“Shares”) (“Bonus Shares”) to be credited as fully paid-up on the basis of one (1) Bonus Share for every existing Share held at 5.00 p.m. on 10 November 2014 (“Entitlement Date”) (“Bonus Issue”)
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 no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel: +603 2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	10/11/2014
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 indicator	Ratio
Ratio	1 : 1
Rights Issues/Offer Price

Remarks :

The Bonus Issue entails an issuance of up to 584,814,692 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every existing Share held by the entitled shareholders on the Entitlement Date. The actual number of Bonus Shares to be issued pursuant to the Bonus Issue will depend on the issued and paid-up share capital of the Company as at the Entitlement Date. The Bonus Shares shall be listed and quoted simultaneously with the additional Warrants 2011/2019 of the Company (“Warrants C”) to be issued in consequence of adjustment pursuant to the Bonus Issue on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 11 November 2014, being the next market day following the Entitlement Date. The notice of allotment of the Bonus Shares will be issued and despatched to the entitled shareholders within four (4) market days after the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities. The holders of the Warrants C must exercise their respective outstanding Warrants C and lodge their duly completed and signed exercise form together with the exercise monies with the share registrar of the Company, Tricor Investor Services Sdn Bhd (“Share Registrar”), by 5.00 p.m. on 29 October 2014 in order to be entitled to the Bonus Shares. The holders of the 8-year 6% redeemable convertible secured loan stocks 2011/2019 of PMB (“RCSLS”) must convert their respective outstanding RCSLS and lodge their duly completed and signed conversion notice with the Share Registrar by 3.00 p.m. on 29 October 2014 in order to be entitled to the Bonus Shares. This Announcement is dated 27 October 2014.