Bursa Announcements

Date : 05 January 2000

PARAGON UNION BERHAD

EX-date	31/01/2000
Entitlement date	09/02/2000
Entitlement time	05:00:00 PM
Entitlement subject	Rights Issue
Entitlement description:	PARAGON UNION BERHAD -Rights issue of 56,000,000 new ordinary shares of RM1.00 each at par on the basis of four (4) new ordinary shares for each existing ordinary share held
Period of interest payment	to
For year ending/Period ending/ended
Share transfer book & register of members will be closed from (both dates inclusive) for the purpose of determining the entitlements	to
Registrar's name ,address, telephone no:	Signet & Co. Sdn Bhd 11th Floor-Tower Block Kompleks Antarabangsa Jalan Sultan Ismail 50250 Kual a Lumpur Tel. No. : 03-2454337
Payment date
a) Securities transferred into the Depositor's Securities Account before 12:30 pm in respect of ordinary transfers	09/02/2000
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 KLSE on a cum entitlement basis according to the Rules of the KLSE
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	4 : 1
Rights Issues/Offer Price	1

Company Name	PARAGON UNION BERHAD
Stock Name	PARAGON
Date Announced	5 Jan 2000
Category	Entitlements (Notice of Book Closure)
Reference No	CU-991223-54808