Renounceable rights issue of 212,045,402 New ordinary shares of rm0.50 each ("Rights Shares") with 106,022,701 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 Held at 5.00 P.m. On 23 April 2007 At An issue Price Of RM0.57 Per Rights Share ("Rights Issue With Warrants")
BackMay 22, 2007
| General Announcement |
| Reference No MM-070522-60157 |
| Submitting Merchant Bank |
:
|
MIMB INVESTMENT BANK BERHAD |
| Company Name |
:
|
SALCON BERHAD |
| Stock Name |
:
|
SALCON |
| Date Announced |
:
|
22/05/2007 |
 |
|
|
| Type | : | Announcement |
| Subject | : | RENOUNCEABLE RIGHTS ISSUE OF 212,045,402 NEW ORDINARY SHARES OF RM0.50 EACH ("RIGHTS SHARES") WITH 106,022,701 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 HELD AT 5.00 P.M. ON 23 APRIL 2007 AT AN ISSUE PRICE OF RM0.57 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS") |
Contents :
Further to the announcement on 18 May 2007 and on behalf of Salcon Berhad, MIMB Investment Bank Berhad (formerly known as Malaysian International Merchant Bankers Berhad) wishes to announce that the Rights Shares and Warrants have been issued and allotted on 18 May 2007.
The principal terms of the Warrants are set out in the attachment herewith.
In addition, the listing date of the Rights Shares and Warrants will be on Wednesday, 23 May 2007 instead of Tuesday, 29 May 2007 as previously announced on 17 April 2007.
This announcement is dated 22 May 2007.
Attachment - Final Principal Terms of the Warrants.doc