Shareholders and those intending to buy into the parent share to subscribe for the 1:2 rights issue should read the following short announcement.1) MRCB shares will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 28 January 2010 ]
2) The last date of lodgement : [ 2 February 2010 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/3 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/3 ] of the Transacted Price is applicable.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 482,271,409 NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB") ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH IN MRCB HELD ON 2 FEBRUARY 2010 AT 5.00 P.M. AT AN ISSUE PRICE OF RM1.12 FOR EACH RIGHTS SHARE ("RIGHTS ISSUE").
Kindly be advised of the following:
1) The Rights commence of trading: 3 February 2010
2) Despatch Date of the Prospectus/Provisional Allotment Letter of Offer:
4 February 2010
3) The last day and time for Acceptance, Renunciation and Payment:
19 February 2010 @ 5:00pm (This is an important date)
4) The Rights cease quotation : 10 February 2010
You may trade your rights allotment letter at the going price.
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