Tuesday, April 29, 2014

MKH-WB - Bonus Issue (1 : 5)

Company: MKH BERHAD-WB 13/17
Stock Name: MKH-WB
Amount/Ratio: 1 : 5
Announcement Date: 29/04/2014
Ex Date: 15/05/2014

Detail:

Company NameMKH BERHAD  
Stock Name MKH-WB  
Date Announced29 Apr 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoML-140429-51579

EX-date15/05/2014
Entitlement date19/05/2014
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionAdjustments to the number of outstanding Warrants 2012/2017 in MKH Berhad (“MKH”) (“Warrants”) and the exercise price of the Warrants pursuant to the bonus issue of up to 75,671,382 new ordinary shares of RM1.00 each in MKH (“MKH Shares”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 5 existing MKH Shares held (“Bonus Issue”) (“Adjustments”)
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 No: (603) 2264 3883
Fax No: (603) 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers19/05/2014 
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 : 5
Rights Issues/Offer Price

Remarks :
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.

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