Bonus/Rights Issues


  • Business
  • Monday, 30 Jul 2012

Aeon Credit ServiceAnnouncement date: July 27, 2012

Proposed bonus one-for-five.

AHB HoldingsAnnouncement date: May 21, 2012

Proposed reduction of the issued and paid-up share capital of AHB pursuant to Section 64 of the Companies Act, 1965 via the cancellation of RM0.80 of the existing par value of each ordinary share of RM1.00 each in AHB.

Crest Builder HoldingsAnnouncement date: July 27, 2012

Proposed bonus issue of new warrants (warrants B) on the basis of three warrants for every ten existing ordinary shares of RM1.00 each held on an entitlement date to be determined later.

CSLAnnouncement date: July 24, 2012

Proposed bonus issue of 596,295,388 warrants on the basis of one warrant for every two existing ordinary shares of SGD0.001 each in CSL held on an entitlement date to be determined later.

Daibochi Announcement date: June 20, 2012

Proposed bonus one-for-two.

Denko Industrial CorpAnnouncement date: July 3, 2012

Proposed reduction of the issued and paid-up share capital of Denko Industrial Corporation Bhd (Denko) pursuant to Section 64 of the Companies Act, 1965 involving the cancellation of RM0.60 of the par value of each ordinary share of RM1.00 each in Denko.

DGSBAnnouncement date: July 23, 2012

Dijaya Corporation BhdAnnouncement date: July 19, 2012

DVM Technology BhdAnnouncement date: May 28, 2012

Eng Kah Corp BhdAnnouncement date: April 30, 2012

1) Proposed bonus one-for-ten.

2) Proposed bonus issue of up to 6,537,910 free warrants on the basis of one warrant for every ten existing shares held on the entitlement date.

Guan Chong BhdAnnouncement date: April 9, 2012

Proposed bonus issue of up to 205,272,529 new Guan Chong Bhd (GCB) shares to be credited as fully paid-up on the basis of one bonus share for every two existing GCB shares held.

Hua Yang BhdAnnouncement date: July 20, 2012

Proposed bonus one-for-four.

Hubline BhdAnnouncement date: July 19, 2012

Ideal Jacobs (M) CorpAnnouncement date: July 4, 2012

1) Proposed renounceable rights issue of up to 60,000,500 new ordinary shares of RM0.10 each together with up to 60,000,500 free detachable warrants on the basis of one rights share for every two existing ordinary shares of RM0.10 each held together with one warrant for every rights shares subscribed at an indicative price of RM0.20 per rights share at an entitlement date to be determined later.

2) Proposed exemption for Ideal Jacobs Corporation, Andrew Conrad Jacobs and persons acting in concert with them under Pratice Note 9, Paragraph 16.1 of the Malaysian Code on Take-Overs and Mergers, 2010 from the obligation to undertake a mandatory general offer for all the remaining IJC shares not already owned by them pursuant to their subscription of the rights shares in relation to the proposed rights issue with warrants.

Jaya TiasaAnnouncement date: July 23, 2012

Lodgement date: August 7, 2012

Kelington Group BhdAnnouncement date: July 18, 2012

Lodgement date: August 8, 2012

Bonus one-for-one.

KNM Group BhdAnnouncement date: June 21, 2012

Muar Ban LeeAnnouncement date: June 5, 2012

Proposed renounceable rights issue of up to 46,000,000 warrants at an issue price RM0.10 per warrant on the basis of one warrant for every two existing ordinary shares of RM0.50 each in MBL shares held by shareholders of MBL.

OSK Property HoldingsAnnouncement date: July 18, 2012

Lodgement date: August 1, 2012

1) Renounceable rights issue of up to 23,737,830 new ordinary shares of RM1.00 each on the basis of one rights share for every ten existing shares held together with up to 71,213,489 free detachable warrants on the basis of three free warrants for every one rights share subscribed for, at an issue price of RM1.00 per rights share.

2) Bonus issue of up to 47,475,659 shares to be credited as fully paid-up on the basis of two new shares for every one rights share subscribed by the existing shareholder and/or their renouncee(s) pursuant to the rights issue with warrants.

PA ResourcesAnnouncement date: April 2, 2012

1) Proposed share capital reduction via the cancellation of RM0.40 of the par value of every existing ordinary shares of RM0.50 each in PA Resources Bhd (PARB) pursuant to Section 64(1) of the Companies Act, 1965 and the credit arising therefrom to be offset against the accumulated losses in PARB.

2) Proposed renounceable rights issue of up to 894,623,100 new ordinary shares of RM0.10 each in PARB at an indicative issue price of RM0.10 per rights share on the basis of seven rights shares for every two PARB shares held on an entitlement date to be determined later after the proposed share capital reduction.

3) Proposed exemption under paragraph 16.1 of Practice Note 9 Of The Malaysian Code On Take-Overs And Mergers, 2010 to Chong Sze San and the parties acting in concert with him from the obligation to undertake a mandatory take-over offer for all the remaining PARB shares and outstanding warrants of PARB not already held by them pursuant to the proposed rights issue.

Palette MultimediaAnnouncement date: April 5, 2012

Proposed renounceable rights issue of up to 154,513,250 warrants at an indicative price of RM0.03 for each warrant on the basis of one warrant for every two existing ordinary shares of RM0.10 held at an entitlement date to be determined later.

PelikanAnnouncement date: May 31, 2012

Lodgement date: August 27, 2012

One treasury share for every fifty existing ordinary shares of RM1.00 each held, fractional of a treasury to be disregarded.

PJ Bumi BhdAnnouncement date: July 10, 2012

Proposed capital reduction of the issued and paid-up share capital of PJ Bumi Bhd (PJ Bumi) via the cancellation of RM0.50 in the existing par value of each ordinary share of RM1.00 each in PJ Bumi resulting in a new par value of RM0.50 for each ordinary share in PJ Bumi pursuant to Section 64 of the Companies Acts, 1965.

SamudraAnnouncement date: June 28, 2012

Scomi Marine BhdAnnouncement date: May 3, 2012

Proposed capital repayment to the shareholder of the company via a cash distribution in the total sum of RM135,606,753 on the basis of RM0.185 for every existing ordinary share of RM1.00 each held at an entitlement date to be determined and announced later.

The proposal will entail the following:

1) Reduction of the par value of the existing shares of RM1.00 each to RM0.45 each by cancelling RM0.55 for each share pursuant to Section 64 of the Companies Act, 1965.

2) Reduction of the entire amount standing to the credit of the share premium account pursuant to Section 60(2) and 64 of the Act.

SMR TechnologiesAnnouncement date: July 17, 2012

Lodgement date: August 1, 2012

Bonus issue of up to 92,906,999 warrants on the basis of one warrant for every two existing ordinary shares of RM0.10 each held.

Silver Ridge HoldingsAnnouncement date: May 29, 2012

Proposed bonus issue of 55,000,000 free warrants on the basis of one free warrant for every two existing ordinary shares of RM0.10 each held on an entitlement date to be determined later.

Tadmax ResourcesAnnouncement date: July 18, 2012

1) Proposed par value reduction via the cancellation of RM0.50 of the par value of every existing ordinary shares of RM1.00 each in the issued and paid-up share capital pursuant to Section 64 of the Act.

2) Proposed a renounceable rights issue of up to RM23,679,922 nominal value of a five-year 3% ICULS at 100% of its nominal value on the basis of RM0.50 nominal value of ICULS for every ten shares held together with up to 94,719,686 free detachable warrants on the basis of two free warrants for every RM0.50 nominal value of ICULS subscribed for, on the entitlement date.

3) Proposed a restricted issue of up to 55,183,334 warrants to the holders of unexercised warrants A at an indicative issue price of RM0.01 per warrant on the basis of one warrant for every two warrants A held on the entitlement date.

Telekom Malaysia BhdAnnouncement date: July 16, 2012

Lodgement date: July 31, 2012

Capital repayment to shareholders of RM0.30 per share.

VTI Vintage BhdAnnouncement date: July 24, 2012

1) Proposed share capital reduction of VTI Vintage Bhd's (VVB) issued and paid-up share capital via cancellation of RM0.90 of the par value of each existing ordinary share of RM1.00 each in VVB pursuant to Section 64 of the Companies Act, 1965.

2) Proposed share consolidation via the consolidation of five ordinary shares of RM0.10 each into one share of RM0.50 each in VVB.

3) Proposed private placement of 17,000,000 new consolidated ordinary shares of RM0.50 each in VVB together with 8,500,000 free detachable warrants on the basis of one warrant for every two placement shares held to strategic investors at an issue price of RM0.50 per share.

4) Proposed renounceable rights issue of 36,497,200 new consolidated shares of RM0.50 each in VVB on the basis of one rights share for every one existing VVB share held together with 18,248,600 free detachable warrants on the basis of one new warrant for every two rights shares subscribed by the entitled shareholders on an entitlement date to be determined.

Yung KongAnnouncement date: July 18, 2012

1) Proposed bonus issue of up to 33,304,333 new shares to the ordinary shareholders and up to 2,249,078 new shares to redeemable convertible preference shares (RCPS) holder to be credited as fully paid-up on the basis of one bonus share for every 10 existing shares held on an entitlement date to be determined later.

2) Proposed bonus issue of up to 99,913,001 warrants to the ordinary shareholders and up to 6,747,236 warrants to the RCPS holder on the basis of three free warrants for every 10 existing shares held on an entitlement date to be determined later.

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