Stock Name: MKH-WB
Amount/Ratio: 1 : 5
Announcement Date: 29/04/2014
Ex Date: 15/05/2014
|Company Name||MKH BERHAD|
|Date Announced||29 Apr 2014|
|Category||Entitlements (Notice of Book Closure)|
|Holders of the Warrants (“Warrant Holders”) who wish to be entitled to the Bonus Issue should exercise their rights to subscribe for new MKH Shares by lodging their duly completed exercise forms together with the subscription monies with MKH’s share registrar (at the address stated above) on or before 5.00 p.m. on 5 May 2014. This is to enable the new MKH Shares arising from such exercise to be allotted to the respective Warrant Holders such that their names will appear in the Record of Depositors of MKH on 19 May 2014.|
Warrant Holders who do not exercise their Warrants on or before 5.00 p.m. on 5 May 2014 and whose names appear in the Record of Depositors for Warrant Holders on the entitlement date would be entitled to the Adjustments.
Pursuant to the Adjustments, Warrant Holders will be entitled to 1 additional Warrant for every 5 existing Warrants held on the entitlement date and the existing exercise price of the Warrants of RM2.26 each will be adjusted accordingly to RM1.89 each. The revised exercise price of RM1.89 each will also apply to the additional Warrants to be issued. A notification to the Warrant Holders setting out the details of such Adjustments will be despatched to the Warrant Holders within 21 market days of the Adjustments.
This announcement is dated 29 April 2014.