Bonus/Rights Issues


  • Business
  • Wednesday, 13 Feb 2013

Asia Knight BhdAnnouncement date: November 9, 2012

Astino BhdAnnouncement date: January 4, 2013

Lodgement date: March 1, 2013

Share dividend on the basis of one treasury share for every thirty existing ordinary shares of RM0.50 each held, fractions of treasury shares to be disregarded in respect of the financial ended 31 July 2012.

Astral Supreme BhdAnnouncement date: October 12, 2012

Biosis Group BhdAnnouncement date: December 19, 2012

1) Proposed reduction of its existing issued and paid-up share capital comprising ordinary shares of RM0.50 each in Biosis credited as fully paid-up via the cancellation of RM0.40 from the par value of existing ordinary share of RM0.50 each in Biosis pursuant to Section 64 of the Companies Act, 1965.

2) Proposed renounceable rights issue of up to 241,666,666 new ordinary shares of RM0.10 each in Biosis after the proposed par value reduction on the basis of five rights shares for every three ordinary shares of RM0.10 each in Biosis held on an entitlement date to be determined later.

Boon Koon Group BhdAnnouncement date: October 25, 2012

1) Proposed share capital reduction via the cancellation of RM0.30 of the par value of existing ordinary share of RM0.50 each in Boon Koon Group Bhd (BKG) pursuant to Section 64(1) of the Companies Act, 1965.

2) Proposed renounceable rights issue of up to 138,375,000 new ordinary shares of RM0.20 each in BKG together with up to 138,375,000 free detachable warrants on the basis of one RM0.20 share together with one free warrant for every one RM0.20 share each held on an entitlement date to be determined later.

BTM Resources BhdAnnouncement date: January 16, 2013

1) Proposed reduction of the issued and paid-up share capital of BTM pursuant to Section 64(1) of the Companies Act, 1965 involving the cancellation of RM0.80 of the par value of each ordinary share of RM1.00 each in BTM.

2) Proposed reduction of RM2,873,163 from the share premium account of BTM pursuant to Sections 60(2) and 64(1) of the Act.

3) Proposed renounceable rights issue of up to 118,734,576 new ordinary shares of RM0.20 each in BTM together with up to 59,367,288 free new detachable warrants at an issue price of RM0.20 per rights share on the basis of two rights shares for every one BTM share held after the proposed par value reduction together with one warrant for every two rights shares subscribed, based on a minimum subscription level of 36,328,586 rights shares together with 18,164,293 warrants on an entitlement date to be determined and announced later.

Cuscapi BhdAnnouncement date: January 17, 2013

1) Proposed renounceable rights issue of up to 146,749,640 new ordinary shares of RM0.10 each in Cuscapi on the basis of one rights share for every two existing Cuscapi shares held, together with up to 146,749,640 free detachable warrants in Cuscapi on the basis of one free warrant for every one rights share subscribed for, on an entitlement date to be determined later.

2) Proposed bonus issue of up to 73,374,820 new Cuscapi shares on the basis of one bonus share for every two rights shares subscribed pursuant to the proposed rights issue with warrants.

DGSBAnnouncement date: December 26, 2012

Digistar Corporation BhdAnnouncement date: January 17, 2013

DVM Technology BhdAnnouncement date: July 6, 2012

Eduspec Holdings BhdAnnouncement date: December 20, 2012

Extol MSC BhdAnnouncement date: September 13, 2012

Proposed renounceable rights issue of up to 378,972,000 new ordinary shares of RM0.10 each in Extol on the basis of three rights shares for every one Extol share held after the proposed private placement together with up to 252,648,000 free detachable warrants on the basis of two warrants for every three rights shares subscribed on an entitlement date to be determined later.

Formis Resources BhdAnnouncement date: December 31, 2012

GHL Systems BhdAnnouncement date: November 14, 2012

1) Proposed capital reduction of the issued and paid-up share capital of GHL pursuant to Section 64(1) of the Companies Act, 1965, involving the cancellation of RM0.30 of the par value of every existing ordinary share of RM0.50 each in GHL.

2) Proposed renounceable rights issue of up to 36.35 million new ordinary shares of RM0.20 each on the basis of one rights share for every four GHL shares held after the proposed capital reduction on an entitlement date to be determined later.

Harvest Court IndsAnnouncement date: October 24, 2012

Hovid BhdAnnouncement date: December 18, 2012

Proposed renounceable rights issue of up to 571,560,000 warrants at an issue price of RM0.02 for each warrant on the basis of one warrant for every two existing ordinary shares of RM0.10 each held in Hovid.

Karambunai CorpAnnouncement date: December 6, 2012

1) Proposed capital reconstruction involving the cancellation of RM0.40 of the par value of every existing ordinary shares of RM0.50 each in the issued and paid-up share capital of KCB pursuant to Section 64(1) of the Companies Act, 1965 and the credit arising therefrom to be offset against the accumulated losses of KCB.

2) Proposed renounceable rights issue of up to 507.514 million new ordinary shares of RM0.10 each on the basis of one rights share for every four KCB shares held, together with up to 1,015,029,840 free detachable warrants on the basis of two warrants for every one right share subcribed for, based on an entitlement date to be detemined later after the proposed capital reconstruction.

Mah Sing Group BhdAnnouncement date: February 7, 2013

Lodgement date: February 25, 2013

Malaysian Airline SystemAnnouncement date: January 16, 2013

Proposed capital restructuring comprising:

1) Proposed reduction of RM0.90 of the par value of each existing ordinary share of RM1.00 each pursuant to Section 64 of the Companies Act, 1965.

2) Proposed reduction of the share premium account of MAS pursuant to Section 64 and 60 of the Act.

3) Proposed renounceable rights issue of new ordinary shares of RM0.10 each in MAS to raise gross proceeds of up to RM3,100mil after the proposed capital restructuring.

Nexnation Announcement date: January 14, 2013

N2N CONNECT BHDAnnouncement date: January 3, 2013

Proposed renounceable rights issue of up to 108,110,000 five-year warrants 2013/2018 on the basis of one warrant for every three existing ordinary shares of RM0.10 each in N2N held on an entitlement date to be determined later.

Petra Energy BhdAnnouncement date: December 18, 2012

PJ Bumi BhdAnnouncement date: September 21, 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.

Puncak Niaga HoldingsAnnouncement date: September 27, 2012

1) Proposed issue of up to 40,910,609 free warrants on the basis of one warrant for every ten existing ordinary shares of RM1.00 each held.

2) Proposed issue of a 5-year redeemable convertible secured sukuk of up to RM165.0mil in nominal value.

Sanichi Technology BhdAnnouncement date: January 31, 2013

Lodgement date: February 19, 2013

Sentoria Group Bhd Announcement date: January 25, 2013

Proposed bonus issue of 40,000,000 new ordinary shares of RM0.20 each on the basis of one bonus share for every ten existing shares held on an entitlement date to be determined later.

Sersol Technologies BhdAnnouncement date: January 21, 2013

Silver Ridge Hldgs BhdAnnouncement date: January 31, 2013

Lodgement date: February 20, 2013

Sunchirin Industries Announcement date: December 26, 2012

Proposed selective capital reduction and repayment exercise of Sunchirin under Section 64 of the Companies Act, 1965.

VTI Vintage BhdAnnouncement date: August 1, 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: January 18, 2013

1) Proposed bonus issue of up to 38,184,333 new shares to the ordinary shareholders and up to 2,286,957 new shares to the 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 114,553,000 warrants to the ordinary shareholders and up to 6,860,873 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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