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Date : 03 February 2000

Offer for Sale

CHONGAI CORPORATION BERHAD

EX-date28/02/2000
Entitlement date03/03/2000
Entitlement time05:00:00 PM
Entitlement subjectOffer for Sale
Entitlement description:Non-Renounceable Restricted Offer for Sale by the Financial Creditors and Tay Hua Sin of the rights to allotment of 20,000,000 new ordinary shares of RM1.00 each in Chongai at an offer price of RM1.00 per share to the existing shareholders of Chongai on the basis of the rights to allotment of five(5) new ordinary shares for every one(1) existing ordinary share held in Chongai after the Capital Reduction
Period of interest payment to
For year ending/Period ending/ended
Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the entitlements
to
Registrar's name ,address, telephone no:Multi-Purpose Holdings Berhad
37th Floor, Menara Multi-Purpose
Capital Square, 8 Jalan Munshi Abdullah
50100 Kuala Lumpur
(Tel No. 03-2948333)
Payment date
a) Securities transferred into the Depositor's Securities Account before 12:30 pm in respect of ordinary transfers03/03/2000 
b) Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit01/03/2000 
c) Securities bought on KLSE on a cum entitlement basis according to the Rules of the KLSE
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 5 : 1
Rights Issues/Offer Price 1

Remarks :
Shareholders will be subject to a Capital Reduction with the same entitlement date.

Trading in Chongai shares will be suspended from 17 February 2000 until the completion of Chongai's Restructuring Scheme.


Announcement Info

Company NameCHONGAI CORPORATION BERHAD  
Stock Name CHONGAI    
Date Announced3 Feb 2000  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-991224-51519

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