Listing Circular

10/10/2003

SCIB - NOTICE OF BONUS & RIGHTS ENTITLEMENT

SARAWAK CONCRETE INDUSTRIES BERHAD

LISTING'S CIRCULAR NO. L/Q : 20124 OF 2003

    1) Bonus Issue of 22,500,000 new ordinary shares of RM1.00 each ("Shares") to be credited as fully paid up to the shareholders of SCIB on the basis of five (5) new Shares for every four (4) existing Shares held and
    2) Renounceable Rights Issue of 18,000,000 new ordinary shares of RM1.00 each together with 18,000,000 free detachable warrants at an issue price of RM1.00 per ordinary share 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 each held prior to the bonus issue.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - All" ]
    as from : [ 23 October 2003 ]

    2) The last date of lodgement : [ 28 October 2003 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 9/13 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 69.23% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 9/13 ] of the Transacted Price is applicable.



Announcement Info

Company NameSARAWAK CONCRETE INDUSTRIES BERHAD  
Stock Name SCIB
Date Announced10 Oct 2003  
CategoryListing Circular
Reference NoRN-031009-37951