SEACERA - Bonus Issue (1 : 3)

Company: SEACERA GROUP BERHAD
Stock Name: SEACERA
Amount/Ratio: 1 : 3
Announcement Date: 08/05/2014
Ex Date: 23/05/2014

Detail:

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Company Name	SEACERA GROUP BERHAD
Stock Name	SEACERA
Date Announced	8 May 2014
Category	Entitlements (Notice of Book Closure)
Reference No	MI-140507-70189

EX-date	23/05/2014
Entitlement date	27/05/2014
Entitlement time	05:00:00 PM
Entitlement subject	Bonus Issue
Entitlement description	Bonus issue of up to 42,650,847 new ordinary shares of RM1.00 each in Seacera (“Bonus Shares”) on the basis of one (1) Bonus Shares for every three (3) existing ordinary shares of RM1.00 each in Seacera (“Seacera Share(s)”) held at 5.00 P.M. on 27 May 2014 (“Entitlement Date”) (“Bonus Issue of Shares”)
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.(118401-V) Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel: 603 - 2264 3883 Fax: 603 - 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	27/05/2014
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 indicator	Ratio
Ratio	1 : 3
Rights Issues/Offer Price

Remarks :

The Bonus Issue of Shares will entail the issuance of up to 42,650,847 Bonus Shares to be credited as fully paid-up, on the basis of one (1) Bonus Share for every three (3) Seacera Shares held by the entitled shareholders whose names appear in the Record of Depositors of Seacera at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The actual number of Bonus Shares to be issued will depend on the issued and paid-up share capital of Seacera on the Entitlement Date, taking into account any exercise of Warrants 2012/2017 (“Warrant(s) A”). Holders of the outstanding Warrants A (“Warrantholders”) who wish to be entitled to the Bonus Issue of Shares shall exercise their rights to subscribe for new Seacera Shares by lodging their duly completed exercise forms together with the relevant subscription monies with Seacera’s Share Registrar (at the address stated above) on or before 5.00 p.m. on 15 May 2014. This is to enable the new Seacera Shares arising from such exercise to be allotted to the respective Warrantholders such that their names will appear in the Record of Depositors for Seacera Shares at 5.00 p.m. on the Entitlement Date. Effective on 28 May 2014 (being one (1) market day after the Entitlement Date), the number of outstanding Warrants A and the exercise price for such outstanding Warrants A shall be adjusted in accordance with the clauses pertaining to the adjustments of the exercise price and number of warrants as set out in the deed poll governing the Warrants A dated 21 March 2012 (“Deed Poll Warrants A”) (“Adjustments”). Warrantholders whose names appear in the Record of Depositors for the existing Warrants A at 5.00 p.m. on 27 May 2014 (being the Entitlement Date) will be entitled to receive the additional warrants arising from the Adjustments. For the avoidance of doubt, Warrantholders who lodge their duly completed exercise forms between 16 May 2014 and 26 May 2014 (both dates inclusive) will not be entitled for the Bonus Issue of Shares or the additional warrants arising from the Adjustments. Pursuant to the Adjustments, the Warrantholders will be entitled to one (1) additional Warrant A for every three (3) existing Warrants A held. No adjustments will be made to the existing exercise price of the Warrants A of RM1.00 each in accordance with the provisions in the Deed Poll A. As a result of the Adjustments, up to 6,824,265 additional Warrants A with the exercise price of RM1.00 will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 28 May 2014. A notification to the Warrantholders setting out the details of such Adjustments will be despatched to the Warrantholders in due course. The Bonus Shares will be listed and quoted on the Main Market of Bursa Securities on 28 May 2014, being one (1) market day after the Entitlement Date. Seacera’s Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than four (4) market days after the date of listing and quotation for the Bonus Shares on the Main Market of Bursa Securities. This announcement is dated 8 May 2014.