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Bonus/Rights Issues

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Bonus/Rights Issues Empty Bonus/Rights Issues

Post by hlk Mon 01 Aug 2011, 14:15

KUALA LUMPUR: Bonus/Rights Issues:

Baneng HoldingsAnnouncement date: June 30, 2011

1) Proposed capital reduction involving the proposed cancellation of RM0.80 of the par value of the existing 60,000,000 shares, resulting in a new par value of RM0.20 for each ordinary share pursuant to Section 64 of the Companies Act, 1965 and the proposed reduction of the entire share premium amounting to RM16,090,000 to reduce the group's accumulated losses.

2) Proposed renounceable rights issue of up to 60,000,000 new reduced shares at an issue price of RM0.20 per rights share on the basis of one rights share for every one reduced share held on an entitlement date to be determined later but after the proposed capital reduction, together with the right to subscribe for up to 60,000,000 warrants on the basis of one warrant for every one rights share subscribed at an indicative issue price of RM0.01 per warrant to be carried out on a full subscription basis.

Careplus GroupAnnouncement date: July 25, 2011

Bonus issue of 105,000,000 warrants on the basis of one free warrant for every two existing ordinary shares of RM0.10 each held.

CB Industrial ProductAnnouncement date: April 21, 2011

Proposed bonus one-for-one.

Cepatwawasan GroupAnnouncement date: July 12, 2011

Proposed bonus one-for-two.

Compugates HoldingsAnnouncement date: July 19, 2011

Proposed bonus issue of 1,067,144,510 warrants on the basis of one warrant for every two existing ordinary shares of RM0.10 each in Compugates.

EstheticsAnnouncement date: May 30, 2011

Proposed renounceable rights issue of 52,800,000 new ordinary shares of RM0.50 each together with 52,800,000 free detachable warrants on the basis of two rights shares and two free warrants for every five existing ordinary shares of RM0.50 each held on an entitlement date to be determined.

Extol MSC BhdAnnouncement date: July 26, 2011

1) Proposed private placement of up to 10,440,000 new ordinary shares of RM0.10 each in Extol, representing up to 10% of the total issued and paid-up share capital of the Company to investors to be identified at an issue price to be determined by the Board and announced later.

2) Proposed bonus one-for-four after the proposed private placement.

3) Proposed renounceable rights issue of up to 71,775,000 new warrants in Extol at an indicative issue price of RM0.05 per warrant on the basis of one warrant for every two existing Extol shares held after the proposed private placement and proposed bonus issue.

Faber Group BhdAnnouncement date: March 17, 2011

Proposed capital reduction by way of cancellation of RM0.75 of the existing par value of RM1.00 of each ordinary share in Faber Group Bhd pursuant to Section 64 of the Companies Act, 1965.

FututechAnnouncement date: May 4, 2011

Proposed renounceable rights issue of up to 82,216,898 new ordinary shares of RM0.50 each on the basis of one rights share for every one ordinary share of RM0.50 each in Fututech from the resultant Proposed Capital Reduction held on the entitlement date to be determined later.

Gefung HoldingsAnnouncement date: April 13, 2011

1) Proposed cancellation of RM0.85 of the par value of each existing ordinary shares of RM1.00 each in Gefung Holdings Bhd pursuant to Section 64(1) of the Companies Act 1965.

2) Proposed renounceable rights issue of up to 193,500,002 new ordinary shares of RM0.15 each together with 38,700,000 free detachable new warrants on the basis of five rights shares together with one warrant for every four existing ordinary shares held after the proposed reduction in par value.

GlomacAnnouncement date: July 22, 2011

Proposed subdivision of every one ordinary share of RM1.00 each into two ordinary shares of RM0.50 each in Glomac.

Greenyield BhdAnnouncement date: July 26, 2011

Proposed bonus one-for-one.

Harvest Court IndsAnnouncement date: July 13, 2011

Hiap Teck VentureAnnouncement date: January 28, 2011

Ho HupAnnouncement date: March 1, 2011

1) Proposed par value reduction via the cancellation of RM0.50 from the par value of each existing ordinary share of RM1.00 pursuant to Section 64 of the Companies Act, 1965.

2) Proposed a renounceable rights issue of 51,000,204 new Ho Hup shares together with 51,000,204 detachable warrants at an issue price of RM0.50 per rights share on the basis of one rights share together with one warrant for every two existing shares held after the proposed par value reduction.

Ho Wah GentingAnnouncement date: June 1, 2011

Hua YangAnnouncement date: July 20, 2011

Proposed bonus one-for-three.

Kencana Petroleum Announcement date: May 19, 2011

Proposed offer for sale of warrants one the basis of one Kencana Petroleum warrant for every five existing Kencana Petroleum shares held on the entitlement date.

Kian JooAnnouncement date: May 18, 2011

1) Proposed bonus one-for-two.

2) Proposed renounceable rights issue of 166,562,919 five-year warrants 2011/2016 on the basis of one warrant for every four shares held after the proposed bonus issue at an issue price of RM0.01 per warrant.

Kuantan Flour MillsAnnouncement date: March 23, 2011

Proposed renounceable rights issue of up to 24,779,150 new ordinary shares of RM0.50 each on the basis of one rights share for every two existing shares held after the proposed capital reduction and private placement, together with up to 37,168,725 new free detachable warrants on the basis of three warrants for every two rights shares subscribed.

Linear CorporationAnnouncement date: July 8, 2011

1) Proposed share capital reduction and consolidation involving the cancellation of RM0.98 of the par value of each existing Linear Corporation Bhd (LCB) share of RM1.00 each pursuant to Section 64 of the Act. Each LCB share of RM0.02 will then be consolidated on the basis of five shares into one new ordinary share of RM0.10 each.

2) Proposed renounceable rights issue of up to 50,069,850 new LCB shares at an issue price of RM0.10 per share on the basis of 10 rights shares for every three LCB shares held on an entitlement date to be determined later.

Malayan Flour MillsAnnouncement date: May 30, 2011

1) Proposed share split involving the subdivision of every one existing ordinary share of RM1.00 each into two ordinary shares of RM0.50 each.

2) Proposed declaration and payment of special dividend of 62 sen per subdivided share less 25% income tax to the shareholders.

3) Proposed renounceable rights issue of up to 215,289,212 new subdivided shares together with up to 107,644,606 free detachable new warrants and up to 107,644,606 new subdivided shares attached on the basis of two rights shares together with one warrant and one bonus share for every two subdivided shares held after the proposed share split.

Mulpha Land Announcement date: July 8, 2011

Proposed renounceable rights issue of 456,605,000 new ordinary shares of RM0.10 each together with 273,963,000 free new detachable warrants at an indicative issue price of RM0.22 per rights share on the basis of five rights shares together with three warrants for every one existing share held.

Perwaja HoldingsAnnouncement date: July 25, 2011

1) Proposed restricted issue of RM280,000,000 nominal value of seven-year redeemable convertible unsecured loan stocks (RCULS) in Perwaja Holdings Bhd (PHB) to Kinsteel Bhd at 100% of its nominal value.

2) Proposed issue of 280,000,000 free warrants in PHB on the basis of one free warrant for every two existing ordinary shares of RM1.00 each in PHB held by the entitled shareholders of the Company on an entitlement date to be determined and announced later.

Upon completion of the proposed restricted issue, Kinsteel will undertake a renounceable restricted offer for sale (ROS) of such nominal value of the RCULS held by it to the entitled shareholders of PHB, other than Kinsteel, on the basis of RM1.00 nominal value of RCULS for every two existing PHB shares held on the entitlement date. The nominal value of RCULS to be offered under the proposed ROS shall be determined after taking into consideration the shareholdings of Kinsteel in PHB on the entitlement date.

Petrol One Announcement date: May 20, 2011

Proposed renounceable rights issue of up to 50,804,845 new ordinary shares of RM1.00 each at an issue price of RM1.00 per share together with up to 50,804,845 free detachable warrants on the basis of one rights share and one free rights warrant for every one existing share held.

Resintech Bhd Announcement date: July 22, 2011

Proposed bonus issue of 68,600,000 warrants on the basis of one warrant for every two existing ordinary shares of RM0.50 each held.

Rimbunan SawitAnnouncement date: July 11, 2011

1) Proposed renounceable rights issue of up to 490,689,354 new ordinary shares of RM0.50 each on the basis of three rights shares for every one existing ordinary share of RM0.50 each held.

2) Proposed bonus one-for-one after the proposed rights issue.

Saag ConsolidatedAnnouncement date: March 3, 2011

Proposed renounceable two call rights issue of up to 5,200,549,005 new ordinary shares of RM0.10 each in Saag on the basis of five rights shares for every two existing ordinary shares of RM0.10 each held in Saag, of which the first call of at least RM0.08 is payable in cash on application and the second call of up to RM0.02 is proposed to be capitalised from the company's share premium account, together with up to 1,040,109,801 free detachable warrants on the basis of one warrant for every five rights shares subscribed.

Seloga HoldingsAnnouncement date: March 7, 2011

1) Proposed restructuring of the issued and paid-up share capital of Seloga Holdings Bhd (SHB) under Section 64 of the Companies Act 1965, involving the cancellation of RM0.75 of the par value of each existing ordinary share of RM1.00 each in SHB.

2) Proposed renounceable rights issue of up to 49,123,972 new ordinary shares of RM0.25 each in SHB together with up to 73,685,958 detachable warrants for free at a proposed issue price of RM0.25 per rights share on the basis of two rights shares together with three free warrants for every five ordinary shares of RM0.25 each in SHB held after the proposed capital restructuring.

Seacera GroupAnnouncement date: April 27, 2011

SYF ResourcesAnnouncement date: May 10, 2011

Proposed renounceable rights issue involving up to 107,967,203 new ordinary shares of RM0.25 each at an issue price of RM0.25 per rights share on the basis of one right share for every one ordinary share of RM0.25 each in SYF held after the proposed capital reduction.

Takaso ResourcesAnnouncement date: July 26, 2011

Renounceable rights issue of up to 141,215,940 new ordinary shares of RM0.25 each in Takaso Resources Bhd (TRB) on the basis of three rights shares for every one existing TRB share together with up to 84,729,564 free detachable new warrants on the basis of three warrants for every five rights subscribed at an issue price of RM0.35 per rights share.

Time DotcomAnnouncement date: June 10, 2011

1) Proposed capital repayment pursuant to Section 64 of the Companies Act, 1965.

2) Proposed capital reduction of Time dotcom Bhd's (TdC) existing issued and paid-up share capital of RM2,530,775,000 comprising 2,530,775,000 shares of RM1.00 each in TdC via cancellation of RM0.90 of the par value of TdC pursuant to Section 64 of the Companies Act, 1965.

3) Proposed share consolidation of 2,530,775,000 ordinary shares of RM0.10 (after the proposed capital reduction) into 506,155,000 TdC shares, on the basis of five ordinary shares of RM0.10 each in TdC into one ordinary share of RM0.50 each in TdC.

United Malayan LandAnnouncement date: May 18, 2011

Proposed bonus one-for-four.

VisdynamicsAnnouncement date: July 27, 2011

1)Proposed bonus one-for-two.

2) Proposed issuance of up to 50,347,650 free warrants in Visdynamics (VHB) on the basis of one warrant for every two VHB shares held after the completion of the proposed bonus issue.

YinsonAnnouncement date: June 29, 2011
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