Others
| EON CAPITAL BERHAD |
|
EX-date | 13/09/2011 |
| Entitlement date | 15/09/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | CAPITAL REPAYMENT BY WAY OF A CAPITAL REDUCTION EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 15/09/2011 to 15/09/2011 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | SHAREWORKS SDN BHD NO. 10-1, JALAN SRI HARTAMAS 8 SRI HARTAMAS 50480 KUALA LUMPUR TEL. NO. 03 6201 1120 |
| Payment date | 23/09/2011 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 15/09/2011 |
| 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 | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 2.6 |
| Remarks : |
| The Register of Members of EON Capital Berhad (“EONCAP” or “Company”) will be closed at 5.00 p.m. on Thursday, 15 September 2011 to determine the entitlements of shareholders of the Company to the capital repayment exercise of the Company involving a capital reduction of the enlarged issued and paid-up share capital of the Company amounting to RM1,802,342,703.00 comprising 1,802,342,703 ordinary shares of RM1.00 each (“Shares”), after the Capitalisation of Shares (as defined below), pursuant to Section 64 of the Companies Act, 1965, and the credit arising therefrom amounting to RM1,802,342,703, to be repaid to the entitled shareholders of EONCAP on the basis of RM2.60 for every one (1) Share held (before the Capitalisation of Shares) (“Capital Repayment”). In conjunction with the Capital Repayment, the Company will be capitalising the sum of RM1,109,133,971 from the Company’s share premium account and retained profits account into 1,109,133,971 new EONCAP Shares (“Capitalised Shares”), which would result in the increase of the existing issued and paid-up share capital of the Company from 693,208,732 EONCAP Shares to 1,802,342,703 EONCAP Shares (“Capitalisation of Shares”). The Capitalised Shares shall be issued and allotted to the entitled shareholders of EONCAP whose names appear in the Record of Depositors as at 5.00 p.m. on Thursday, 15 September 2011. However, the Capitalised Shares will not be credited into the Central Depository System accounts of the entitled shareholders as they will be immediately cancelled and the credit arising therefrom will be repaid to the entitled shareholders as part of the Capital Repayment. If your name appears in the Record of Depositors at the close of business at 5.00 p.m. on Thursday, 15 September 2011 (“Book Closure Date”), you will be entitled to receive RM2.60 in cash for every one (1) EONCAP Share held (before the Capitalisation of Shares) pursuant the Capital Repayment in respect of:- (i) Shares transferred into your Central Depository System account(s) before 4.00 p.m. on Thursday, 15 September 2011; and (ii) Shares bought on Bursa Malaysia Securities Berhad (“Bursa Securities) on a cum-entitlement basis according to the Rules of Bursa Securities. In order to facilitate the Capital Repayment, the trading of EONCAP Shares on the Main Market of Bursa Securities will be suspended with effect from 9.00 a.m. on Friday, 9 September 2011 (being 3 clear market days from the Book Closure Date) and it will continue to be suspended until EONCAP is de-listed and removed from the Official List of Bursa Securities. Accordingly, the last day of trading of EONCAP Shares on the Main Market of Bursa Securities shall be Thursday, 8 September 2011. For avoidance of doubt, the trading of EONCAP Shares will continue to be suspended from Friday, 9 September 2011 until the removal of our Company from the Official List of the Main Market of Bursa Securities. In addition, the transfer of EONCAP Shares will also be suspended from 4.00 p.m. on Thursday, 15 September 2011. |
Announcement Info
| Company Name | EON CAPITAL BERHAD |
| Stock Name | EONCAP |
| Date Announced | 12 Aug 2011 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-110812-55054 |