Salcon - Notice Of Rights Entitlement

BackApr 09, 2007
Listing Circular
LISTING'S CIRCULAR NO. L/Q : 42302 OF 2007
Company Name
:
SALCON BERHAD  
Stock Name
:
SALCON
Date Announced
:
09/04/2007

 

Subject
:
SALCON - NOTICE OF RIGHTS ENTITLEMENT

Contents
:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 233,249,942 NEW ORDINARY SHARES OF RM0.50 EACH IN SALCON BERHAD ("RIGHTS SHARES") WITH UP TO 116,624,971 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF TWO (2) RIGHTS SHARES WITH ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN SALCON BERHAD ("SALCON SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 APRIL 2007 AT AN ISSUE PRICE OF RM0.57 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS").

Kindly be advised of the following :

1) The Rights commence of trading : [ 26 April 2007 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 26 April 2007 ]

3) The last day and time for Acceptance, Renunciation and Payment :
[ 15 May 2007 @ 5:00pm ]

4) The Rights cease quotation : [ 8 May 2007 ]

The Stock Short Name, Number and ISIN Code [ SALCON-OR, 8567OR and MYL8567OR002 ] respectively