Salcon - Notice Of Rights Entitlement

BackApr 18, 2007
Listing Circular
LISTING'S CIRCULAR NO. L/Q : 42543 OF 2007
Company Name
:
SALCON BERHAD  
Stock Name
:
SALCON
Date Announced
:
18/04/2007

 

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").(Remain Unchanged)

Further to Listing's circular No. L/Q : 42302 of 2007, in view of the closure of the Bursa Malaysia Berhad and its subsidiaries on Thursday, 26th April 2007 in conjunction with the " Installation of His Majesty The Yang Dipertuan Agong XIII", members are hereby advised that the Rights commence of trading and Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer will be changed accordingly as follows : -

1) The Rights commence of trading : [ 27 April 2007 (Instead of 26 April 2007)]

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

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

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

The Stock Short Name, Number and ISIN Code [ SALCON-OR, 8567OR and MYL8567OR002 (Remain Unchanged)] respectively.