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BURSA ANNOUNCEMENTS

Date : 17 November 2000

Offer for Sale

WCT ENGINEERING BERHAD

EX-date08/12/2000
Entitlement date14/12/2000
Entitlement time05:00:00 PM
Entitlement subjectOffer for Sale
Entitlement description:Offer for sale by Arab-Malaysian Merchant Bank Berhad of up to 48,680,000 Warrants in WCT Engineering Berhad ("WCT") to the shareholders of WCT on the basis of one (1) Warrant for every two (2) existing WCT ordinary shares of RM1.00 each held on 14 December 2000.
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:Malaysian Share Registration Services Sdn Bhd
7th Floor, Exchange Square
Bukit Kewangan
50200 Kuala Lumpur
Tel No: 03 206 8099 Fax No: 03 206 3736
Payment date
a) Securities transferred into the Depositor's Securities Account before 12:30 pm in respect of ordinary transfers14/12/2000 
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 indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price

Remarks :
The Warrants will be offered to the shareholders on the basis of one(1) Warrant for every two(2) existing WCT Engineering Berhad ordinary shares of RM1.00 each held on 14 December 2000.



The final offer price per Warrant and the final number of Warrants to be issued will be based on the actual issued and paid-up share capital of WCT in issue on the Entitlement Date.

Strictly for illustrative purposes, based on the issued and paid-up share capital of 93,995,200 shares as at 8 November 2000 and assuming that no further outstanding Employee Share Option Scheme ("ESOS") options are exercised, an amount of 46,997,600 Warrants will be issued and the indicative offer price is 36.3 sen per Warrant.

This announcement is dated 17 November 2000.


Announcement Info

Company NameWCT ENGINEERING BERHAD  
Stock Name WCT    
Date Announced17 Nov 2000  
CategoryEntitlements (Notice of Book Closure)
Reference NoCU-001114-34747

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