General Announcement

08/12/2003

SARAWAK CONCRETE INDUSTRIES BERHAD (SCIB OR THE COMPANY) · RENOUNCEABLE RIGHTS ISSUE OF 18,000,000 NEW ORDINARY SHARES OF RM1.00 EACH (RIGHTS SHARES) TOGETHER WITH 18,000,000 FREE DETACHABLE WARRANTS (RIGHTS WARRANTS) AT AN ISSUE PRICE OF RM1.00 EACH ON THE BASIS OF ONE (1) NEW ORDINARY SHARE OF RM1.00 EACH TOGETHER WITH ONE (1) FREE DETACHABLE WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 HELD PRIOR TO THE BONUS ISSUE AT 5.00 PM ON 28 OCTOBER 2003 (RIGHTS ISSUE WITH WARRANTS)

SARAWAK CONCRETE INDUSTRIES BERHAD

Type

Announcement
SubjectSARAWAK CONCRETE INDUSTRIES BERHAD (SCIB OR THE COMPANY)

· RENOUNCEABLE RIGHTS ISSUE OF 18,000,000 NEW ORDINARY SHARES OF RM1.00 EACH (RIGHTS SHARES) TOGETHER WITH 18,000,000 FREE DETACHABLE WARRANTS (RIGHTS WARRANTS) AT AN ISSUE PRICE OF RM1.00 EACH ON THE BASIS OF ONE (1) NEW ORDINARY SHARE OF RM1.00 EACH TOGETHER WITH ONE (1) FREE DETACHABLE WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 HELD PRIOR TO THE BONUS ISSUE AT 5.00 PM ON 28 OCTOBER 2003 (RIGHTS ISSUE WITH WARRANTS)

Contents :

AmMerchant Bank Berhad, on behalf of SCIB, wishes to announce that based on the subscription received at the close of the Rights Issue with Warrants at 5.00 p.m on 3 December 2003, the Rights Issue with Warrants has been oversubscribed by 3,900,355 Shares or approximately 21.67% over the total number of Rights Shares.


The total acceptances and excess applications received for the Rights Issue with Warrants are set out in the table below.

This announcement is dated 8 December 2003.
table.doc

Attachments

table.doc
30 KB



Announcement Info

Company NameSARAWAK CONCRETE INDUSTRIES BERHAD  
Stock Name SCIB
Date Announced8 Dec 2003  
CategoryGeneral Announcement
Reference NoMM-031208-38976