Others
| MALAYSIAN MOSAICS BERHAD |
|
EX-date | 09/11/2010 |
| Entitlement date | 11/11/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | SELECTIVE CAPITAL REPAYMENT EXERCISE OF MALAYSIAN MOSAICS BERHAD ("MMB") UNDER SECTION 64 OF THE COMPANIES ACT, 1965 ("SCR") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | 11/11/2010 to 11/11/2010 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Lawco Corporate Services Sdn Bhd Suite 16.10, Level 16, Wisma UOA II, 21, Jalan Pinang, 50450 Kuala Lumpur Tel No.: 03 2170 2622 / 2661 Fax No.: 03 2163 0763 |
| Payment date | 18/11/2010 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 11/11/2010 |
| 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 | 2.3 |
| Remarks : |
| The SCR involved the reduction of the enlarged issued and paid-up share capital of MMB after the bonus issue by way of cancellation of the entire issued and paid-up ordinary share capital of MMB other than the shares held by the Gek Poh (Holdings) Sdn Bhd and Pembangunan Melati Sdn Bhd (the “Non-entitled Shareholders”). Under the SCR, all the shareholders of MMB other than the Non-entitled Shareholders (“Entitled Shareholders”), whose names appear on MMB’s Register of Members and/or Record of Depositors as at the entitlement date shall be entitled to receive a cash amount of RM2.30 for each existing MMB share held before bonus issue on the entitlement date. The Non-entitled Shareholders have waived their entitlement to the repayment of capital pursuant to the SCR. The cash payment for the SCR is expected to be despatched to the Entitled Shareholders on 18 November 2010. MMB will be de-listed and removed from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) after the completion of the SCR. The trading of MMB shares on the Main Market of Bursa Securities will be suspended with effect from 9.00 a.m. on 4 November 2010, being three (3) clear market days prior to the entitlement date. Accordingly, the last day of trading of MMB shares on the Main Market of Bursa Securities prior to the suspension shall be 5.00 p.m. on 3 November 2010. The MMB shares will no longer be traded on the Official List of Bursa Securities after the trading of MMB shares is suspended on 4 November 2010. The Notice to Shareholders in relation to the suspension of trading of MMB Shares and the entitlement date for the SCR will be despatched to MMB’s shareholder on 28 October 2010. Any enquiries concerning this notice of book closure date should be addressed to the Registrar of MMB at the abovementioned address. This announcement is dated 27 October 2010. |
Announcement Info
| Company Name | MALAYSIAN MOSAICS BERHAD |
| Stock Name | MMOSAIC |
| Date Announced | 27 Oct 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-101027-59589 |