Bursa Announcement

Date : 18 May 2011

Others

ARK RESOURCES BERHAD

EX-date

30/05/2011
Entitlement date01/06/2011
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionThe capital reduction comprises the following:-

(a) cancellation of RM0.50 of the par value of each existing issued and fully paid-up share of ARK Resources Berhad ("ARK") of RM1.00 each; and

(b) consolidation on the basis of two (2) ordinary shares of RM0.50 each in ARK into one (1) ordinary share of RM1.00 each ("Capital Reduction").
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn. Bhd.
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel : 03 – 2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers01/06/2011 
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 indicatorRatio
Ratio 2 : 1
Rights Issues/Offer Price

Remarks :
On the even date, ARK has also announced the book closure date for the renounceable rights issue of 15,475,725 new ordinary shares of RM1.00 each in ARK ("Rights Shares") at an issue price of RM1.00 per Rights Share on the basis of three (3) Rights Shares for every four (4) existing ordinary shares of RM1.00 each held in ARK after the Capital Reduction together with 15,475,725 free detachable warrants on the basis of one (1)detachable warrant for every one (1) Rights Share subscribed ("Rights Issue"). The book closure date for the Rights Issue will be at 5.00 p.m. on 1 June 2011.

This announcement is dated 18 May 2011.


Announcement Info

Company NameARK RESOURCES BERHAD  
Stock Name ARK    
Date Announced18 May 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoML-110511-58785

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