Others
| SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD |
|
EX-date | 02/07/2013 |
| Entitlement date | 04/07/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Others |
| Entitlement description | SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD (“SUNCHIRIN”) 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 | 04/07/2013 to 04/07/2013 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd Level 6, Symphony House, Pusat Dagangan Dana 1 Jalan PJU 1A/46, 47301 Petaling Jaya Selangor Darul Ehsan Tel. No.: 03-7841 8283 Fax No.: 03-7841 8152 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 04/07/2013 |
| 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 | 1.8 |
| Remarks : |
| The SCR entails a selective capital reduction and repayment exercise under Section 64 of the Act, which will result in the reduction of the issued and paid-up share capital of Sunchirin to RM4,695,160 comprising 4,695,160 ordinary shares of RM1.00 each in Sunchirin (“Sunchirin Shares”) by way of cancelling a total of 33,689,340 Sunchirin Shares comprising 18,716,300 Sunchirin Shares held by the shareholders of Sunchirin, other than Nichirin Co., Ltd., Sunrise Industry Co., Ltd. Sunrise Asia Management Pte. Ltd. and Masahito Hiraishi (collectively, the “Non-Entitled Shareholders”) (“Other Shareholders”) and 14,973,040 Sunchirin Shares held by the Non-Entitled Shareholders. Under the SCR, all the Other Shareholders, whose names appear in the Record of Depositors of Sunchirin as at 5.00 p.m. on Thursday, 4 July 2013 (“Entitlement Date”) (“Entitled Shareholders”) shall be entitled to receive a cash repayment of RM1.80 for each existing Sunchirin Share held. The capital repayment is expected to be made within ten (10) days from the Entitlement Date. Sunchirin will be delisted 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 Sunchirin Shares on the Main Market of Bursa Securities will be suspended with effect from 9.00 a.m. on Friday, 28 June 2013, being three (3) clear market days prior to the Entitlement Date. Accordingly, the last day of trading for Sunchirin Shares on the Main Market of Bursa Securities prior to the suspension shall be 5.00 p.m. on Thursday, 27 June 2013. The Sunchirin Shares will no longer be traded on the Official List of Bursa Securities after the trading of Sunchirin Shares is suspended on Friday, 28 June 2013. For the avoidance of doubt, the trading of Sunchirin Shares will continue to be suspended with effect from 9.00 a.m. on Friday, 28 June 2013 until the removal of Sunchirin from the Official List of Bursa Securities. The notice to shareholders in relation to the suspension of trading of Sunchirin Shares and the Entitlement Date for the SCR will be despatched to Sunchirin’s shareholders on 20 June 2013. Any enquiries concerning this notice of book closure date should be addressed to the Share Registrar of Sunchirin at the abovementioned contact details. This announcement is dated 19 June 2013. |
Announcement Info
| Company Name | SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD |
| Stock Name | SUNCRN |
| Date Announced | 19 Jun 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-130619-65013 |