Please refer to the earlier announcement reference number: MM-021015-61479
|KEN HOLDINGS BERHAD|
The underwriting agreement in respect of the Rights Issue has been executed.
In addition to the above, Ken is also undertaking a bonus issue of 30,000,000 new Shares ("Bonus Shares") ("Bonus Issue") to be credited as fully paid-up on a two-tier basis as follows:
Tier 1 - 20,000,000 Bonus Shares will be issued on the basis of one (1) Bonus Share for each existing Share held at 5.00 p.m. on 6 November 2002; and
Tier 2 - 10,000,000 Bonus Shares will be issued on the basis of one (1) Bonus Share for each Rights Share subscribed.
No books closure is necessary for the purpose of Tier 2 of the Bonus Issue as only subscribers to the Rights Issue will be entitled to the Bonus Shares.
This announcement is made in respect of the entitlement date for the Rights Issue of 6 November 2002 as set out in the earlier announcement dated 17 October 2002 in the "Month/Day/Year" format, which has now been amended to the "Day/Month/Year" format. The entitlement date for the Rights Issue remains at 5.00 p.m. on 6 November 2002.
|Company Name||KEN HOLDINGS BERHAD|
|Date Announced||18 Oct 2002|
|Category||Entitlements (Notice of Book Closure)|