Others
| ALIRAN IHSAN RESOURCES BERHAD |
|
EX-date | 25/01/2013 |
| Entitlement date | 30/01/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF ALIRAN IHSAN RESOURCES BERHAD (“AIRB”) UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (“ACT”) (“SCR”) |
| 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 Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Malaysia Tel.No.: 03 - 2264 3883 Fax No.: 03 - 2282 1886 |
| Payment date | 08/02/2013 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 30/01/2013 |
| 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 | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 1.84 |
| Remarks : |
| The SCR entails a selective capital reduction and repayment under Section 64 of the Act, which will result in the reduction of the issued and paid-up share capital of AIRB to RM83,618,626 comprising 83,618,626 ordinary shares of RM1.00 each in AIRB (“AIRB Shares”) by way of cancelling a total of 181,120,766 AIRB Shares comprising 98,435,199 AIRB Shares held by the shareholders of AIRB (other than MMC Corporation Berhad (“MMC”)) and 82,685,567 AIRB Shares held by MMC. Under the SCR, all the shareholders of AIRB (other than MMC), whose names appear in the Record of Depositors of AIRB as at 5.00 p.m. on Wednesday, 30 January 2013 (“Entitlement Date”) (“Entitled Shareholders”) shall be entitled to receive a cash repayment of RM1.84 for each existing AIRB Share held. The capital repayment is expected to be made within ten (10) days from the Entitlement Date. AIRB will be de-listed and withdrawn from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) within one (1) month upon successful completion of the SCR. The trading of AIRB Shares on the Main Market of Bursa Securities will be suspended with effect from 9.00 a.m. on Tuesday, 22 January 2013 being three (3) clear market days prior to the Entitlement Date. Accordingly, the last day of trading for AIRB Shares on the Main Market of Bursa Securities prior to the suspension shall be 5.00 p.m. on Monday, 21 January 2013. The AIRB Shares will no longer be traded on the Official List of Bursa Securities after the trading of AIRB Shares is suspended on Tuesday, 22 January 2013. For the avoidance of doubt, the trading of AIRB Shares will continue to be suspended with effect from 9.00 a.m. on Tuesday, 22 January 2013 until the removal of AIRB from the Official List of Bursa Securities. The notice to shareholders in relation to the suspension of trading of AIRB Shares and the Entitlement Date for the SCR will be despatched to AIRB’s shareholders on 15 January 2013. Any enquiries concerning this notice of book closure date should be addressed to the Share Registrar of AIRB at the abovementioned contact details. This announcement is dated 14 January 2013. |
Announcement Info
| Company Name | ALIRAN IHSAN RESOURCES BERHAD |
| Stock Name | AIRB |
| Date Announced | 14 Jan 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-130114-62544 |