| Title / Description |
: |
| Renounceable two-call rights
issue of up to 293,037,675 new ordinary shares of RM0.10 each in
asiaEP (“Rights Shares”) on the basis of one (1) Rights Share for
each existing ordinary share of RM0.10 each in asiaEP (“asiaEP
Share”) held at 5.00 p.m on 12 August 2009, together with bonus
issue of up to 293,037,675 new asiaEP Shares (“Bonus Shares”) and up
to 293,037,675 new free detachable warrants (“Warrants”) on the
basis of one (1) Bonus Share and one (1) Warrant for each Rights
Share subscribed, at an issue price of RM0.10 per Rights Share, of
which the first call of RM0.06 is payable in cash on application and
the second call of RM0.04 is to be capitalised from asiaEP’s share
premium account (“Rights Issue”) | |
| Despatch Date |
: |
17/08/2009 |
| Date for commencement of
trading of the rights | |
: |
17/08/2009 |
| Date for despatch of
abridged prospectus and subscription forms | |
: |
17/08/2009 |
| Date for cessation of
trading of the rights | |
: |
24/08/2009 |
| Date for announcement of
final subscription result and basis of allotment of excess Rights
Securities | |
: |
07/09/2009 |
| Listing date of the Rights
Securities | |
: |
15/09/2009 |
 |
| Last date and time
for |
Date |
Time |
| Sale of provisional
allotment of rights | |
: |
21/08/2009 |
at |
05:00:00 PM |
| Transfer of provisional
allotment of rights | |
: |
26/08/2009 |
at |
04:00:00
PM |
|
|
: |
01/09/2009 |
at |
05:00:00
PM |
| Excess share application
and payment | |
: |
01/09/2009 |
at |
05:00:00 PM |
|
Rights Securities will
be listed and quoted as the existing securities of the same
class:
Yes |
| Other important dates as the listed issuer may
deem appropriate: |
|
|
|
|
| Remarks |
The last date and time
for acceptance and payment and excess share application and payment may be
extended as asiaEP’s Board of Directors may decide in its absolute
discretion and announce not less than two (2) market days before the
stipulated date and time.
The admission of the Warrants to the
Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) and
the listing of and quotation for the Bonus Shares and Warrants on the ACE
Market of Bursa Securities will be on the same day as the listing of and
quotation for the Rights Shares. The listing date may change but shall be
no later than ten (10) market days after the last date and time for the
acceptance and payment, and excess share application and payment.
The Abridged Prospectus, together with the Rights Subscription
Form and the Notice of Provisional Allotment (collectively referred as
“Documents”), are not intended to be (and will not be) issued, circulated
or distributed, and the Rights Issue will not be made or offered or deemed
to be made or offered for purchase of subscription, in any country or
jurisdiction other than Malaysia or to persons who are or may be subject
to the laws of any countries or jurisdictions other than the laws of
Malaysia. No action will be taken to ensure that the Rights Issue and the
Documents comply with the laws of any countries or jurisdiction other than
the laws of Malaysia.
The Documents will be despatched to the
entitled shareholders of asiaEP at their Malaysian address as stated in
asiaEP’s Record of Depositors. If any entitled shareholders have not
provided a Malaysian address, the Documents will not be despatched to
them.
This announcement is dated 29 July
2009. |