Rights Issue
| LPI CAPITAL BHD |
|
EX-date | 27/08/2010 |
| Entitlement date | 01/09/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 13,872,300 new ordinary shares of RM1.00 each in LPI (“Rights Shares”) at an issue price of RM7.00 per Rights Share on the basis of one (1) Rights Share for every ten (10) existing ordinary shares of RM1.00 each held in LPI at 5.00 p.m. on 1 September 2010 (“Rights Issue”) |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Tricor Investor Services Sdn Bhd [118401-V] (Formerly known as Tenaga Koperat Sdn Bhd) Level 17, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur Tel. No. : 603-2264 3883 Fax. No. : 603-2282 1886 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 01/09/2010 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 10 |
| Rights Issues/Offer Price | 7 |
| Remarks : |
| The Rights Shares which will be issued at an issue price of RM7.00 per Rights Share shall be allotted to the existing shareholders of LPI whose names appear on the Company’s record of depositors at 5.00 p.m. on 1 September 2010 (“Entitlement Date”) on the basis of one (1) Rights Share for every ten (10) existing shares held on the Entitlement Date. Please note that the entitled shareholders, renouncee(s) and/or underwriter (as the case may be) of the Bonus Shares (as defined below) shall not be entitled to the Rights Issue. The bonus issue of up to 69,361,500 new ordinary shares of RM1.00 each in LPI (“Bonus Shares”) on the basis of one (1) Bonus Share for every two (2) existing ordinary shares of RM1.00 each held in LPI at 5.00 p.m. on 1 September 2010 (“Bonus Issue”) and the Rights Issue are inter-conditional with each other. Hence the Bonus Shares and Rights Shares will be listed simultaneously. The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form (“Documents”) will be despatched to the shareholders of LPI whose name(s) appear in the Record of Depositors on the Entitlement Date (“Entitled Shareholders”) not later than two (2) market days from the Entitlement Date. The Abridged Prospectus together with the accompanying Documents will not be sent to foreign Entitled Shareholders or their renouncees/transferees (if applicable) who do not have a registered address in Malaysia. This announcement is dated 17 August 2010. |
Announcement Info
| Company Name | LPI CAPITAL BHD |
| Stock Name | LPI |
| Date Announced | 17 Aug 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-100816-65767 |